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 TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
MergerCompletedTruckPro, LLC-
Add-onCompletedARS Truck & Fleet Service-
Add-onCompletedWheelco Truck & Trailer Parts & Service-
Add-onCompletedKnowles On Site Repair, Inc.-
Add-onCompletedIntegrity Fleet Services, Inc.-

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