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OneCompass to Acquire Koleaseco Inc., Expanding Transportation Capabilities Under Hyway Transportation

OneCompass Holdings

News provided by

OneCompass Holdings

Jul 23, 2025, 16:30 ET

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DUBLIN, Ohio, July 23, 2025 /PRNewswire/ -- OneCompass Holdings is pleased to announce that it has entered into a definitive agreement to purchase all the assets of Koleaseco Inc., a respected asset-based transportation provider with over 30 years of operational excellence. The transaction is expected to close on or before August 22, 2025. Upon closing, Koleaseco will operate as a part of Hyway Trucking, a division of Hyway Transportation, one of OneCompass's portfolio companies.

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OneCompass Holdings, an employee-owned acquisition company. (PRNewsfoto/OneCompass Holdings)
OneCompass Holdings, an employee-owned acquisition company. (PRNewsfoto/OneCompass Holdings)

This planned acquisition aligns with OneCompass's long-term strategy to build a nationally competitive transportation platform, rooted in shared values, customer-first service, and operational strength. Koleaseco's proven performance and strong cultural foundation complement the mission and growth trajectory of Hyway Transportation.

Matt Hartman, Chairman and CEO of OneCompass Holdings, shared:

"We're excited to welcome the employees and customers of Koleaseco to the OneCompass family and the Hyway Transportation platform. They possess a strong legacy of operational excellence, customer dedication, and a culture that aligns well with our 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. We're especially pleased to integrate their people into our employee ownership model, where they can help shape the future and share in the success they contribute to."

The proposed acquisition also presents natural synergies, including overlap with several large customers and a shared approach to asset-based operations. These connections will create efficiencies, increase flexibility, and accelerate the combined company's ability to compete and grow on a national scale.

JP Koop, Owner of Koleaseco Inc., shared:

"I'm excited to see Koleaseco take this next step as part of the OneCompass portfolio under Hyway Transportation. Koleaseco has always been grounded in strong values and a deep respect for our people, and those same qualities are at the core of Hyway and OneCompass. I'm confident this transition will create meaningful opportunities for our team and carry forward the legacy of service and integrity that has defined Koleaseco for more than 30 years."

The integration will be approached with care and collaboration, ensuring continuity for Koleaseco employees, customers, and partners. Upon finalization of the deal, branding updates will roll out under the Hyway Trucking name, with no disruption to current operations.

About OneCompass Holdings
OneCompass Holdings is a long-term-focused holdings company that partners with exceptional companies and leaders to build enduring, employee-owned businesses. Through its growing portfolio of like-minded companies, OneCompass focuses on operational excellence, cultural alignment, and sustainable value creation.

About Hyway Transportation
Hyway Transportation is an employee-owned, asset-based transportation provider offering full-service freight solutions across the United States. With a strong focus on safety, service, and efficiency, Hyway operates with a team-driven culture and a long-term vision for growth. As part of the OneCompass portfolio, Hyway is committed to building a national platform of high-performing, value-aligned transportation companies under the Hyway Trucking brand.

About Koleaseco Inc.
Founded in 1993, Koleaseco Inc. is a Michigan-based transportation company known for its reliability, safety, and long-standing customer relationships. With over three decades of industry experience, Koleaseco has built a reputation for delivering exceptional service while upholding values of integrity, hard work, and faith. The company provides regional and national trucking solutions and has been a trusted partner to customers across a range of industries.

SOURCE OneCompass Holdings

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