Gateway Dealer Network has been acquired by Tuckahoe Holdings

Brightstar Capital Partners has sold Gateway Dealer Network (GDN) to Tuckahoe Holdings.

Headquartered in St. Louis, Missouri, GDN is one of the largest dealers of Bobcat-branded industrial equipment in the country, with a significant presence across 31 locations in 10 states throughout the Midwest, Southeast and Western US. GDN offers a comprehensive range of new, used and rental equipment, as well as parts and services, catering to diverse industrial needs. GDN serves a diverse base of customers across a range of end markets, including landscaping, infrastructure, commercial, residential and agriculture

Tuckahoe Holdings, based in Richmond, Virginia, is a family-run diversified holding company, focused on owning middle-market companies indefinitely.

Brightstar Capital Partners is a middle-market private equity firm focused on investing in closely held family, founder or entrepreneur-led businesses where Brightstar believes it can drive significant value with respect to the management, operations and strategic direction of the business.

Oaklins TM Capital in the US served as financial advisor to Gateway Dealer Network, a portfolio company of Brightstar Capital Partners, in its sale to Tuckahoe Holdings. Oaklins TM Capital is a market leader in the equipment rental and dealer sectors, having completed 14 transactions since January 2021 with an aggregate value of US$2.5 billion, while publishing authoritative industry research.