Alterra IOS Scores $244M From Blackstone for Acquisition of 37 IOS Sites
Blackstone Real Estate Debt Strategies→Alterra IOS
Jun 5, 2026
Former USA Truck executives have acquired the trucking and logistics company in a going-private transaction, with the new owners planning to keep the headquarters in Van Buren. USA Truck said the buyer is UTAC, LLC, owned by three principals with deep institutional knowledge of USA Truck and the transportation industry.
The company’s CEO George Henry will remain top executive, while Zachary King, a former CFO, will act as CFO during the transition. James Reed, a former USA Truck CEO and operating partner with Banner Capital, will advise. The company said it is financially strong and expects to reinforce its identity as a U.S.-based carrier with regional roots.
Filed under
Powered by Tentt
Tentt builds and operates managed deal origination services for PE firms, M&A advisors, and commercial lenders. We map the target universe, monitor signals, and execute outreach — white-labelled to your firm.
Blackstone Real Estate Debt Strategies→Alterra IOS
Jun 5, 2026
Uklon→E-wings
Jun 5, 2026
Uklon→E-wings
Jun 5, 2026
Union Pacific→Norfolk Southern
Jun 4, 2026
Asyad Group→Universal Logistics Services (ULS) and Highway Logistics Center (HLC)
Jun 3, 2026