Transport Topics Online
The Newspaper of Trucking and Freight Transportation
Welcome  Guest  Log In         
10/9/2012 12:00:00 PM Write a Letter to the Editor Write a letter to the Editor

FleetPride to Be Purchased by TPG

Heavy-duty truck and trailer parts supplier FleetPride Inc. said it has agreed to be acquired by private equity firm TPG.

 

The transaction is expected to close in the fourth quarter, FleetPride said Tuesday. Terms were not disclosed.

 

TPG already is involved in industrial distribution and the vehicle aftermarket sector. The investment firm owns tire wholesaler American Tire Distributors and chemicals distributor Nexeo Solutions.

 

The buyout of FleetPride comes three weeks after an Aug. 24 announcement that it would acquire Great Lakes Truck & Trailer for an undisclosed sum.

By Transport Topics

Follow Transport Topics on Subscribe to get up to the minute news briefs and more from our feeds. RSS Twitter Twitter Facebook Facebook

© 2012, Transport Topics Publishing Group. All rights reserved.


  RELATED ARTICLES

 
LATEST NEWS



 
LATEST JOBS
Follow Us

Newsletters

TTExpress
This free daily newsletter delivers the latest headlines.

TT Executive Suite
This subscriber-only newsletter program tailors your news.

Services

Advertising




© American Trucking Associations, Inc., All Rights Reserved TTNews.com Privacy Statement