PARS

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PARS - overview

Established

1998

Location

Gainesville, VA, US

Primary Industry

Logistics & Distribution

About

PARS, based in Gainesville, Virginia, provides specialized vehicle relocation solutions tailored for the fleet industry, including a wide range of services from driveaway to maintenance and storage management. Founded in 1998, PARS delivers comprehensive vehicle relocation solutions for the fleet industry. The company operates from Gainesville, Virginia, USA. The founder's history is not disclosed, and there have been no noted pivots or changes in business strategy.


PARS is not mentioned as a subsidiary of another company and does not have any identified subsidiaries. The company has been involved in one notable deal, with the most recent deal occurring on December 9, 2025. PARS, Professional Automotive Relocation Services, specializes in comprehensive vehicle relocation solutions tailored for the fleet industry. The company's core offerings include vehicle driveaway, auto carrier service, storage management, license and titling, reconditioning and make-ready, detailing, body work, mechanical repair, and general maintenance services.


By leveraging advanced technologies and a metrics-driven approach, PARS collaborates closely with clients to address specific pain points and provide seamless relocation strategies for businesses operating large vehicle fleets. Their services cater to various sectors including automotive manufacturers, rental companies, and leasing firms, focusing on the North American market, particularly in the United States and Canada. PARS generates revenue primarily through service-based transactions with its B2B clients, involving contracts that detail the scope of services required for vehicle relocation. The company engages in partnerships with automotive manufacturers, dealerships, and rental agencies, providing tailored service packages that address their logistics needs.


The transaction structure typically includes fixed-rate agreements for specific services, wherein clients are billed based on the services rendered, such as vehicle driveaway or maintenance tasks. While specific pricing plans for individual services are proprietary, PARS's offerings are designed to deliver value through efficiency and quality, making it a preferred choice in the fleet management sector. In December 2025, RPM Freight Systems, LLC, a portfolio company of Trive Capital and Bluejay Capital, acquired PARS. The rationale behind the acquisition is to strengthen RPM Freight Systems' offerings in the logistics and freight sectors.


Future growth may involve expanding into new markets or geographic regions, although specific plans or upcoming products have not been disclosed.


Current Investors

RPM Freight Systems, LLC

Primary Industry

Logistics & Distribution

Sub Industries

Transportation Services, Automobiles, Other Vehicles & Parts, Trucking

Website

www.parsdrives.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

PARS - 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)
Add-onCompletedPARS-

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