Velocity Vehicle Group

Northstar Anesthesia
Northstar Anesthesia
Northstar Anesthesia

Area of Focus Commercial Truck Dealerships

Partnership Date 2019

Headquarters Whittier, California

We determined that we would benefit from a partner to fully capture our opportunities at Velocity. We selected Cranemere, and together we have expanded from our base in the Western U.S. to Australia, Mexico and the Southeastern U.S. and have more than doubled the size of the business.

Conan Barker and Brad Fauvre

Conan Barker and Brad Fauvre

Co-Founders & Co-Presidents

Company Profile

One of the largest full-service truck dealerships in the United States

Velocity Vehicle Group (“Velocity”) is one of the premier full-service commercial truck dealership groups in the U.S., Australia and Mexico with operations that include new and used commercial vehicle sales, service, parts distribution, and vehicle rental and leasing.

Velocity operates a network of state-of-the-art dealerships and service facilities across California, Nevada, Arizona, Tennessee, North Carolina, Alabama and Kentucky and in Australia and Mexico, with a total customer focus based on the three company pillars of speed, value and trust. The company is a leading distributor for 14 brands of original equipment manufacturers, including Daimler (through its Freightliner, Western Star and Thomas Built Buses brands), Ford, and Autocar, among others. Velocity focuses on medium- and heavy-duty trucks.

Velocity is a leader in implementing emissions-reducing vehicle technologies, including natural gas, cleaner diesel and electric. The company’s strong position in Southern California provides it with leading access to these technologies.

Velocity is based in Whittier, California. The company has 3,500 employees in 78 locations worldwide for dealerships and leasing. Velocity was founded by Brad Fauvre and Conan Barker in 1998.

Partnership Highlights

  • Cranemere partnered with the founders of Velocity in July 2019 to recapitalize the business.
  • Velocity’s founders were looking for a partner to help the company capture its full potential by supporting management and accelerating its global expansion plans.
  • Since the Velocity and Cranemere partnership, the company has completed 13 acquisitions and expanded from its base in the Western U.S. to the Southeastern U.S., Australia and Mexico. It has nearly tripled the size of the business.