Crossroads Equipment Lease and Finance’s sister company, Velocity Truck Centers, has acquired Central California Truck and Trailer Sales, an independent used-truck and new/used trailer retailer.
CCTTS brings expertise in new and used trailer sales to the VTC family. In addition, CCTTS will now be able to offer financing through Crossroads Equipment Lease and Finance, bringing many more options for the CCTTS customer base to acquire equipment.
Warren Auwae, CCTTS’s founder, has joined VTC and will be responsible for the combined trailer and used truck operations of CCTTS and VTC.
With the combination of CCTTS’ six locations in California and VTC’s nine locations, the group will become one of the largest volume retailers of used trucks in the west with 15 total locations across California, Arizona and Nevada.
Brad Fauvre, co-president of VTC, said, “We are very excited to welcome CCTTS to the Velocity family. Warren and his sales team are best-in-class in all metrics and will bring additional skills and perspective to the Velocity network. We are especially excited to have Warren’s entrepreneurial drive and depth of experience in truck and trailer sales as an addition to our senior management team.”
Conan Barker, co-president of VTC, said, “We want to enthusiastically welcome the CCTTS employees into our organization. The CCTTS brand will remain in the marketplace strengthened by the VTC network, and we look forward to growing together with our new team members and customers in the coming years.”
Auwae said, “We feel like we found the perfect home for our employees and customers. We are excited for the opportunity and see real growth potential with the combined forces.”
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