OneCompass Acquires Koleaseco to Enhance National Transportation Operations Under Hyway Transportation
OneCompass Holdings Expands Its Transportation Portfolio Through Koleaseco Acquisition
A Strategic Move for National Growth
In a significant step towards bolstering its transportation capabilities, OneCompass Holdings has announced its plan to acquire all the assets of Koleaseco Inc., a well-respected asset-based transportation provider and a key player in the trucking industry for over three decades. This acquisition is set to close on or before August 22, 2025, marking a pivotal moment for both companies as they align their goals to enhance operational efficiency and customer service.
The Vision Behind the Acquisition
OneCompass Holdings focuses on building a strong national transportation platform grounded in shared values, customer-centric service, and operational excellence. The integration of Koleaseco into the Hyway Transportation division, another OneCompass portfolio company, is expected to create a synergy that significantly enhances their competitive edge in the marketplace. Matt Hartman, Chairman and CEO of OneCompass, expressed enthusiasm about welcoming Koleaseco's employees and customers. He emphasized their unmatched legacy of service and dedication, which aligns perfectly with OneCompass's core values.
“Their team and capabilities are a great addition to the Hyway network and will play a key role in speeding up our shared vision for national growth,” Hartman said.
Nurturing a Sustainable Integration
The two companies share a similar customer base and operational approach, which is anticipated to generate efficiencies and build flexibility, ultimately enhancing their ability to compete at a national level. JP Koop, the Owner of Koleaseco, also shared his excitement about this transition, remarking on the values that have long characterized Koleaseco and how they are mirrored in OneCompass and Hyway. He noted that this merger holds the potential for remarkable opportunities for employees while maintaining the integrity that has defined Koleaseco’s service for over 30 years.
This acquisition will be approached with utmost care and collaboration, ensuring that the transition is smooth for employees, customers, and partners alike. After the completion of the acquisition, branding changes will be introduced under the Hyway Trucking name, although current operations will remain unaffected, ensuring continuity for all parties.
About OneCompass Holdings
OneCompass Holdings operates with a vision of creating long-lasting, employee-owned companies by focusing on operational excellence and cultural alignment. As an investment firm, it seeks to partner with exceptional companies and leaders, fostering environments where employee contributions shape the future of the business.
An Established Player: Hyway Transportation
Hyway Transportation has carved out a reputation as a full-service freight solution provider known for its commitment to safety, service, and efficiency across the United States. By incorporating Koleaseco into its operations, Hyway Transportation aims to further establish itself as a national player with high-performing, value-aligned transportation offerings.
The Legacy of Koleaseco
Founded in 1993, Koleaseco has built a strong foundation based on reliability and customer-centric service. Their reputation for integrity, hard work, and strong customer relationships makes them an ideal fit for the OneCompass portfolio.
As this acquisition unfolds, the collaboration between these two companies is expected to spotlight their commitment to operational excellence while simultaneously expanding their reach within the transportation sector. The journey ahead looks bright as both entities are poised for shared success in the coming years.