FleetPride, Inc.
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FleetPride, Inc. - overview
Established
1999
Location
Irving, TX, US
Primary Industry
Retail
About
Founded in 1999 and headquartered in Irving, Texas, FleetPride, Inc. is a key supplier of truck parts and services for heavy-duty vehicles, catering to the needs of fleet operators and independent truck owners across North America. FleetPride, Inc. specializes in heavy-duty truck components and services, supporting a diverse range of clients.
In December 2018, the company was acquired by American Securities alongside its management from TPG, marking a significant shift in ownership. FleetPride, founded in 1999, has engaged in 5 investment deals, with the latest funding round being a Secondary Buyout amounting to USD 1,000. 00 mn, raising a total of USD 1,000. 00 mn.
The company is based in Irving, Texas, US. FleetPride offers a comprehensive selection of high-quality truck parts including air springs, brake rotors, calipers, and specialized components, serving the heavy-duty trucking industry. Their services extend to truck and trailer repairs, specialty repairs, and fluid power systems, facilitating reliable vehicle operation for fleet operators, independent truck owners, and repair facilities throughout the United States and Canada. FleetPride generates revenue through the sale of truck parts and repair services, interacting directly with customers in both B2B and direct-to-consumer markets.
The revenue model includes one-time purchases, service agreements, and loyalty programs such as eCash Rewards, contributing to their financial performance. For the most recent year, FleetPride reported an EBITDA of USD 52. 00 mn. Moving forward, FleetPride aims to enhance its product lineup and expand into new geographic markets.
The company is focusing on the development of new products, with specific release dates yet to be announced, while also targeting expansion into additional markets across North America. Recent funding from the USD 1,000. 00 mn Secondary Buyout in December 2018 supports these initiatives, enabling FleetPride to invest in innovations and market growth.
Current Investors
Ridgemont Equity Partners, American Securities
Primary Industry
Retail
Sub Industries
Facilities & Maintenance Services, Automobile Repair, Automobiles, Other Vehicles & Parts, Heating, Cooling & Ventilation Equipment and Services, Logistics & Distribution
Website
www.fleetpride.com
Verticals
E-commerce
Company Stage
Mature
Total Amount Raised
Subscriber access only
FleetPride, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Merger | Completed | TruckPro, LLC | - | ||||||||
| Add-on | Completed | ARS Truck & Fleet Service | - | ||||||||
| Add-on | Completed | Wheelco Truck & Trailer Parts & Service | - | ||||||||
| Add-on | Completed | Knowles On Site Repair, Inc. | - | ||||||||
| Add-on | Completed | Integrity Fleet Services, Inc. | - |
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