Vector Fleet Management
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Vector Fleet Management - overview
Established
1988
Location
Charlotte, NC, US
Primary Industry
Retail
About
Vector Fleet Management is a specialized provider of fleet maintenance and parts management services, focusing on optimizing operations for both private and government fleets across various sectors in the United States. Vector Fleet Management offers fleet maintenance solutions designed to enhance vehicle availability and efficiency. Founded in 1988 in Charlotte, US, the company has maintained a consistent business strategy without significant pivots. It was acquired by Amerit Fleet Solutions, Inc.
in February 2025, further expanding its capabilities. The founder's background is not specified, nor are there details on other ventures they may have undertaken. The company has one recorded deal to date. Vector Fleet Management specializes in providing comprehensive fleet maintenance and parts management services aimed at optimizing the operations of both private and government fleets.
The company's core offerings include customized maintenance programs that enhance vehicle availability, improve cost efficiency, and prolong the lifespan of equipment. These tailored programs cater to the needs of clients in commercial construction, utilities, and food service sectors. Vector Fleet Management operates primarily in the United States, addressing the unique operational challenges of both government and private entities effectively. With over 36 years of industry experience, the company prioritizes safety and quality while striving to reduce operational costs for its clients.
Vector Fleet Management generates revenue through B2B transactions structured around long-term contracts and service agreements with its clients. Their fleet maintenance solutions and parts management services include routine vehicle servicing and parts supply, tailored to the operational needs of the fleets. Clients engage in service agreements covering a range of maintenance tasks, ensuring consistent vehicle performance and reduced downtime. The pricing structure is established based on specific service plans, allowing Vector Fleet Management to maintain a consistent revenue stream while delivering value through high-quality service offerings.
In February 2025, Amerit Fleet Solutions, Inc. acquired Vector Fleet Management. This acquisition will allow Amerit to enhance its service offerings and market reach, while Vector will gain broader resources for business development. Future initiatives include expanding into new markets and geographic regions, although specific locations and timelines have not been detailed.
Current Investors
Amerit Fleet Solutions, Inc.
Primary Industry
Retail
Sub Industries
Automobile Repair
Website
www.vectorfleet.com/
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Vector Fleet Management - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Vector Fleet Management | - |
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