How Much Did Performance Truck Raise?
Funding & Key Investors

Performance Truck, a prominent group of Kenworth and Mack Truck dealerships in southeast Texas, has secured $2M in total capital. The company recently announced a major strategic investment of $2M, underscoring its significant growth trajectory and market position within the heavy-duty truck sector.

What is Performance Truck?

Performance Truck
RetailAutomobile DealersAutomobile Parts Stores

Established in 1977, Performance Truck has built a robust reputation by providing comprehensive sales, service, and repair facilities for Kenworth and Mack trucks. Their offerings extend to a well-stocked parts showroom, catering to the diverse needs of the trucking industry. The dealership group also facilitates financing options for new and used truck acquisitions, aiming to offer end-to-end support for clients operating various makes and models.

How much funding has Performance Truck raised?

Performance Truck has raised a total of $2M across 1 funding round:

2020

Debt

$2M

Debt (2020): $2M with participation from PPP

Key Investors in Performance Truck

PPP

Public-Private Partnership

What's next for Performance Truck?

The recent major strategic investment signals a pivotal phase for Performance Truck, likely enabling expansion of its service network, enhancement of its parts inventory, or further development of its sales infrastructure. This infusion of capital is expected to bolster its competitive edge in the southeast Texas market, potentially leading to increased operational capacity and a broader client base. The company's focus on supporting all makes and models with extensive service and parts availability positions it for sustained enterprise-level growth.

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Frequently Asked Questions Regarding Performance Truck Financial Insights

What are the most recent funding rounds that Performance Truck has completed, and what were the funding rounds?
Performance Truck has recently completed 1 funding rounds: Debt on Apr 7, 2020.
What is the total amount of funding Performance Truck has raised to date?
Performance Truck has raised a total of $2M in funding to date.
How many funding rounds has Performance Truck completed?
Performance Truck has completed 1 funding rounds.
How much funding did Performance Truck raise in its most recent funding round?
Performance Truck raised $2M in its most recent funding round.
Who are the lead investors in Performance Truck's latest funding round?
The lead investor in Performance Truck's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Performance Truck's history?
The largest funding round in Performance Truck's history was $2M.
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