TEC Equipment

TEC Equipment

Full-service truck and trailer dealership

About TEC Equipment

Simplify's Rating
Why TEC Equipment is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Automotive & Transportation

Industrial & Manufacturing

Company Size

501-1,000

Company Stage

Acquired

Total Funding

$3.4M

Headquarters

Portland, Oregon

Founded

1976

Overview

TEC Equipment operates as a full-service truck and trailer dealership with a widespread presence across the western and central U.S. It sells and services heavy- and medium-duty trucks from brands like Mack, Volvo, Hino, and Isuzu, plus trailers from Wabash, BWS, MAC, and auto transporters. The company also provides related products such as Jerr-Dan tow and recovery equipment, and offers used trucks, parts, collision centers, fuel, leasing/rental, financing, and insurance. Its locations function as authorized service centers for major warranties from Mack, Volvo, Cummins, Meritor, Eaton, and Fuller, enabling customers to access parts, maintenance, and repair in one place. In short, TEC Equipment aims to be a one-stop solution for trucking needs, delivering an exceptional customer experience and support across a large network of offices from Seattle to San Diego.

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Simplify's Take

What believers are saying

  • Bollinger partnership adds 20 sales locations across eight states.
  • Stoughton Trailers dealer expands footprint to seven Western states.
  • New Las Vegas Volvo/Mack dealership covers Nevada interstates fully.

What critics are saying

  • Bollinger fails to scale, diverts sales from Volvo in 12-24 months.
  • Volvo VNR Electric delays from battery shortages cause defections in 6-12 months.
  • BYD/Foton EVs undercut prices, capture fleets in 12-18 months.

What makes TEC Equipment unique

  • Largest West Coast dealer group certified by Volvo Trucks for EVs.
  • Expands Bollinger Motors network with 20 Western US locations.
  • Family-owned since 1976, serves I-5 corridor with full truck services.

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Funding

Total Funding

$3.4M

Above

Industry Average

Funded Over

1 Rounds

Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
Acquisition Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Company Match

Life Insurance

Disability Insurance

Employee Assistance Program (EAP)

Education assistance

Paid Holidays

Paid Vacation

Paid Sick Leave

Company News

The Trucker
Apr 11th, 2025
Mack Trucks names Tri-State Truck Center 2024 North American Dealer of the Year

TEC Equipment of Portland, Ore. was named the U.S. Mack Financial Services Dealer of the Year.

NGT News – Next-Gen Transportation
Oct 24th, 2024
Saldivar's Becomes First Owner-Operator to Use Volvo VNR Electric Truck

TEC Equipment worked closely with the South Coast Air Quality Management District to secure the CARB funding and ensure Saldivar's could successfully deploy the Volvo VNR Electric truck.

Hagman Media
Aug 30th, 2024
Bollinger Motors Expands West with TEC Equipment

Bollinger Motors, Inc., an electric commercial vehicle (EV) manufacturer, has expanded its retail and service network by partnering with TEC Equipment, Inc.

Yahoo Finance
Apr 23rd, 2024
Performance Food Group and Industry-Leading Partners Unveil Sustainable Distribution Center of the Future

PFG also worked with TEC Equipment to evaluate funding opportunities to offset the costs for the battery-electric trucks and required infrastructure.

Truck News
Feb 2nd, 2024
Calmont Truck Centre wins Volvo's top Canadian dealership award

VTNA also named TEC Equipment as the 2023 U.S. Dealer Group of the Year.

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