FleetPride
Trailerbodybuilders 10745 Fleetpride People Fleet 098 1 Copy
Trailerbodybuilders 10745 Fleetpride People Fleet 098 1 Copy
Trailerbodybuilders 10745 Fleetpride People Fleet 098 1 Copy
Trailerbodybuilders 10745 Fleetpride People Fleet 098 1 Copy
Trailerbodybuilders 10745 Fleetpride People Fleet 098 1 Copy

American Securities adds FleetPride to its portfolio

Dec. 25, 2018
American Securities recently partnered with management to acquire FleetPride from TPG Capital.

American Securities recently partnered with management to acquire FleetPride from TPG Capital.

FleetPride is a national distributor of aftermarket parts for the US heavy-duty truck industry. Financial terms of the transaction were not disclosed.

Based in Irving TX, FleetPride is the largest independent heavy-duty aftermarket parts distributor in the US. The company acts as a link between 2,150 suppliers and 100,000 customers who are served through a national network of more than 270 branch locations. FleetPride carries a broad selection of aftermarket truck parts, offering more than 145,000 SKUs across 490 brands, including its own private label.

“Over the past three years, FleetPride has invested in building out its leadership team, enhancing internal processes and developing capabilities to strengthen its industry-leading market position,” said Al Dragone, president and CEO of FleetPride. “We are excited to partner with American Securities and believe that its internal resources and investment expertise will help accelerate our business plan and growth objectives.”

Will Manuel, a managing director for American Securities, echoed the sentiment.

“We are pleased to partner with Al and the rest of the FleetPride management team as they continue to execute on a strategy to drive above-market organic growth and further consolidate the industry,” he said. “The company’s scale, best-in-class product offering, supply chain capabilities and strong management team create a sustainable competitive advantage and make FleetPride a strong fit for our investment strategy.”

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