Amerit Fleet Solutions Partners With New Mountain Capital
An electric truck on display at the Amerit Fleet Solutions exhibit at an industry show. (John Sommers II for Transport Topics)
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Amerit Fleet Solutions announced Jan. 28 that it secured a majority investment from New Mountain Capital, positioning the fleet maintenance provider for nationwide expansion and improved service capabilities.
Founded in 2010, Amerit provides preventive maintenance and repair services for commercial fleets across the U.S. The company supports more than 300,000 customer assets in all 50 states with a team of more than 2,500 field technicians. The investment from New Mountain Capital is expected to help Amerit expand its footprint and enhance its service offerings.
Williams
“Our partnership with New Mountain Capital supports Amerit in its continued mission to deliver high-quality fleet maintenance services and expertise to our growing base of clients,” said Dan Williams, co-founder and CEO of Amerit. “We’re eager to begin this next chapter, led by our strong foundation of technical talent, to deliver quality service and strong customer return on investment.”
Amein Punjani, co-founder and chief operating officer, said the investment will allow Amerit to improve operations and technology.
Haley
New Mountain Capital, a growth-focused investment firm with more than $55 billion in assets under management, said Amerit is well positioned for further expansion.
“We have long been impressed by Amerit and the unique culture and exceptional talent base that Dan and Amein have built since founding the business,” said William Haley, director at New Mountain Capital. “We are excited to collaborate with Amerit’s management team to drive continued operational excellence, build upon existing client relationships, accelerate organic growth through various expansion initiatives and support management in executing strategic acquisitions.”
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