Sapp Bros. Leasing, an Indianapolis-based finance company for over the road tractors and trailers, has been acquired by Chancellor Corp.
Sapp will continue operations as Chancellor Financial.
Chancellor's current network of truck centers located in Atlanta; Bradenton, Fla.; Dallas; Elizabeth, N.J.; Kansas City, Mo.; Orlando, Fla.; and Richmond, Va., will be complemented by the addition of Sapp's two retail sales centers in Indianapolis and Omaha, Neb. Over the next several years, Chancellor intends to expand its nationwide retail truck center network through internal growth and acquisition.