Brightstar buys majority stake in fleet management service- Amerit

American private equity company- Brightstar Capital Partners has reportedly acquired a major stake in Amerit Fleet Solutions- a fleet maintenance and management service in partnership with the firm’s co-founders who lead the senior management team.

Headquartered in California, Amerit is a prominent provider of outsourced fleet maintenance across the U.S., leveraging its nationwide infrastructure, which includes mobile maintenance, to extend integrated services to consumers wherever needed.

Notably, Amerit’s team of highly skilled managers and technicians offer customized service programs to more than 150,000 vehicles to enhance the client’s fleet safety, reliability, and uptime.

Commenting on the occasion, Mr. Dan Williams, Co-founder and CEO, Amerit, said that the company will continue to focus on ensuring the safety and reliability of customer’s fleets. The partnership will provide the company additional resources and relationships to capitalize on the growth opportunities with both, existing and potential customers across various end markets, he added.

According to Amein Punjani, Co-Founder and COO, Amerit, the company has grown to become a prominent name in fleet management and repair services. The operational expertise offered by Brightstar’s operational expertise team in the field of fleet management and supply chain will help the company extend support to its customers, he said.

Matthew Allard, Partner at Brightstar, said that there is an ever-increasing demand for transportation, logistics and safe, reliable fleets across e-commerce and decentralized business models, and their firm is delighted to partner with Amerit as they persist on capitalizing on this megatrends.

It is worth mentioning that, Amerit’s team of fleet maintenance professionals offer customized maintenance and repair programs to various vehicles and works towards improving client’s fleet safety and reliability.

Speaking along similar lines, Brightstar Capital Partners is a middle-market private equity company that focuses on partnering with management teams and entrepreneurs where the company is ideally positioned to drive value creation.

Source Credit: https://www.prnewswire.com/news-releases/brightstar-capital-partners-acquires-majority-stake-in-amerit-fleet-solutions-a-leading-national-provider-of-fleet-maintenance-and-repair-services-301198515.html