Brightstar Capital Partners Acquires Majority Stake in Amerit Fleet Solutions, a Leading National Provider of Fleet Maintenance and Repair Services
Expansion Will Help Company Provide Services to Support Mission Critical Infrastructure for Customers Across the United States
Brightstar Capital Partners, a private equity firm focused on partnering with families, founders, entrepreneurs, and management teams, announced that it has acquired a majority stake in Amerit Fleet Solutions, in partnership with the Company’s co-founders who lead the senior management team. Terms of the private transaction were not disclosed.
Amerit, headquartered in Walnut Creek, CA, is one of the leading providers of outsourced fleet maintenance across the United States, leveraging its nationwide infrastructure, including mobile maintenance solutions, to provide integrated services to customers wherever they are needed. The Company’s team of highly skilled technicians and managers provide customized service programs to over 150,000 vehicles to improve clients’ fleet uptime, safety, and reliability.
Recommended AI News: KVH Partners with ioCurrents for KVH Watch Maritime IoT Solution
“We are thrilled to partner with Amerit as it continues to provide premium service to blue-chip customers around the country,” said Dr. Raul Deju, Partner at Brightstar. “The Company has earned its trusted reputation in the industry by always putting customers’ needs first, and we are excited to build on that success and aim to reach new heights.”
“Amerit will remain focused on ensuring the maximum uptime, safety and reliability of our customers’ individual fleets,” said Dan Williams, Co-founder and CEO of Amerit. “Our partnership with Brightstar supplies us with additional resources and relationships to capitalize on the significant growth potential with both new and existing customers across diverse end markets.”
Recommended AI News: Online Automotive Retailer Vroom to Acquire CarStory
“Since we founded Amerit over a decade ago, the Company has worked hard to become a nationwide leader in fleet maintenance and repair services,” said Amein Punjani, Co-Founder and COO of Amerit. “The Brightstar team’s operational expertise in the fleet management and supply chain worlds will enhance our ability to provide our customers with mission critical services and support.”
“Dan and Amein have built an exceptional team, culture and commitment to meet their customers’ needs,” said Matthew Allard, Partner at Brightstar. “Transportation, logistics and the demand for safe, reliable fleets are ever increasing with e-commerce and decentralized business models, and we are excited to partner with Amerit as they continue to capitalize on these megatrends.”
Recommended AI News: Brain Scientific, Creator of Next Gen Neurology Technologies, Announces Regulation A+ Offering
