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KBT Enterprises

kbtco.net

Founded Year

1995

Stage

Acquired | Acquired

About KBT Enterprises

KBT Enterprises provides quality pneumatic dry bulk trucking services, transporting bulk materials such as lime kiln dust, dry bulk cement, and fly ash throughout Indiana and the Midwest.On January 6th, 2021, KBT Enterprises was acquired by Fraley & Schilling. The terms of the transaction were not disclosed.

Headquarters Location

122 Shadowlawn Dr

Fishers, Indiana, 46038,

United States

(317) 841-0463

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KBT Enterprises Patents

KBT Enterprises has filed 1 patent.

The 3 most popular patent topics include:

  • Ammunition
  • Firearm actions
  • Firearm components
patents chart

Application Date

Grant Date

Title

Related Topics

Status

7/19/2017

3/16/2021

Firearm actions, Firearm components, Gas technologies, Firearm terminology, Ammunition

Grant

Application Date

7/19/2017

Grant Date

3/16/2021

Title

Related Topics

Firearm actions, Firearm components, Gas technologies, Firearm terminology, Ammunition

Status

Grant

Latest KBT Enterprises News

Fraley & Schilling acquires KBT Enterprises

Jan 6, 2021

FreightWaves Purchase expands fleet to nearly 600 trucks, improves Eastern US services 0 1 minute read Fraley & Schilling has acquired the assets of KBT Enterprises, an Indiana-based carrier specializing in dry bulk material transportation. (Photo: Jim Allen/FreightWaves) Truckload carrier Fraley & Schilling has acquired KBT Enterprises, of Fishers, Indiana. KBT operates 33 tractors and 42 mostly pneumatic dry bulk trailers hauling bulk materials such as lime kiln dust, dry bulk cement and fly ash throughout Indiana and surrounding states. Terms were not disclosed. Tenney Group , which specializes in mergers and acquisitions, advised the seller in the transaction. Fraley & Schilling services all parts of the United States. The acquisition will help the company improve its services in the Eastern United States. Founded in 1955, Fraley & Schilling offers a variety of transportation and logistics services, including ultralight truckload services that feature flatbed, conestoga, dry van and bulk tanker options. “The KBT Enterprises acquisition will allow us to augment and enhance our current dry bulk operations in Indiana and other regional Midwestern locations. Additionally, it will also add valuable talent to the great team at Fraley & Schilling along with access to KBT’s long-standing customer relationships,” said Andrew White, CFO of Fraley & Schilling. KBT co-owners Chuck Held and Sandy Howard said retirement spurred them to sell. Both will remain for an undetermined time in a limited consulting role. The KBT Enterprises brand is expected to continue. Fraley & Schilling’s fleet now numbers almost 600 trucks. “This was the right time for us to make a change. I am very pleased about what this deal means for our team and for our customers. It’s a win for everyone,” Held said. Howard added, “I am very proud of what our team has accomplished together over the past 25 years and about the future of KBT being in the hands of the folks at Fraley & Schilling. They have a great organization.”  Spencer Tenney, president and CEO of Tenney Group, said the acquisition could be part of a broader trend of companies looking to weather uncertain climates. “Fraley & Schilling has been a successful, forward-thinking company for decades. I think we can expect more established companies, like Fraley & Schilling, to begin integrating acquisitions into their broader growth strategies to combat the growing challenges in trucking,” he said.

KBT Enterprises Frequently Asked Questions (FAQ)

  • When was KBT Enterprises founded?

    KBT Enterprises was founded in 1995.

  • Where is KBT Enterprises's headquarters?

    KBT Enterprises's headquarters is located at 122 Shadowlawn Dr, Fishers.

  • What is KBT Enterprises's latest funding round?

    KBT Enterprises's latest funding round is Acquired.

  • Who are the investors of KBT Enterprises?

    Investors of KBT Enterprises include Fraley & Schilling.

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