Remanufacturing Assets from FleetPride, Inc

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Remanufacturing Assets from FleetPride, Inc - overview

Established

1999

Location

Irving, TX, US

Primary Industry

Industrial Machinery

About

FleetPride, Inc. is dedicated to providing high-quality truck parts and repair services specifically for heavy-duty vehicles, aiming to enhance maintenance efficiency and parts reliability for fleet operators, repair shops, and individual truck owners. FleetPride, Inc. was founded in 1999 and is headquartered in Irving, US.


The company specializes in the distribution of truck parts and repair services for heavy-duty vehicles. The current CEO is Arsalan Rahbarpoor, who co-founded the company alongside Fabian Pausch. In November 2015, TransAxle, a portfolio company of Graham Partners, acquired the Remanufacturing Assets from FleetPride, Inc. Financial terms were not disclosed.


FleetPride primarily offers a comprehensive selection of high-quality truck parts and services tailored for heavy-duty vehicles. Their core product line includes essential components such as air springs, brake rotors, calipers, air tanks, S-cams, and slack adjusters. FleetPride aims to meet the needs of fleet operators, truck repair shops, and individual vehicle owners, addressing critical operational challenges like maintenance efficiency and parts reliability. Their services also encompass various repairs, including truck and trailer repair, specialty repair, driveline repair, and fluid power services, catering to a diverse clientele across the commercial trucking sector.


FleetPride distributes its products and services across multiple geographical markets in the United States, focusing on regions with significant commercial trucking activity. FleetPride generates revenue through direct sales of truck parts and repair services to businesses and end-users operating in the heavy-duty vehicle sector. The transactional structure typically involves B2B engagements where fleet operators and repair centers purchase parts through a streamlined ordering process, often enhanced by their eCash Rewards program which incentivizes repeat business. Clients benefit from various pricing plans that include discounts for bulk purchases and reward points applicable towards future orders.


The company also provides an efficient shipping model, promising quick delivery from its nationwide inventory, further facilitating customer satisfaction and retention. Noteworthy products in their offerings contribute to a strong, established revenue stream derived from both the sale of individual components and comprehensive service solutions. FleetPride's future growth strategy focuses on the development of upcoming new products designed to enhance service offerings. The company is also planning to expand into new geographical markets, specifically targeting regions with increasing demand for heavy-duty vehicle parts and services.


The recent acquisition deal in November 2015 will support these initiatives by allowing access to additional resources and capabilities, facilitating a more robust service portfolio.


Current Investors

Graham Partners, TransAxle LLC

Primary Industry

Industrial Machinery

Sub Industries

Automobiles, Other Vehicles & Parts, Industrial Machinery

Website

www.fleetpride.com

Verticals

Manufacturing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Remanufacturing Assets from 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)
Add-on, Trade SaleCompletedRemanufacturing Assets from FleetPride, Inc-

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Remanufacturing Assets from FleetPride, Inc - employee data

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Remanufacturing Assets from FleetPride, Inc - key contacts

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