Amerit Fleet Solutions, a Walnut Creek, CA – based provider of fleet maintenance and repair services to fleets of all classes and sizes, closed a majority investment from Ridgemont Equity Partners, a middle market private equity firm, and a minority investment from Element Fleet Management Corp., a global fleet management company.
The financial terms of the transaction, which closed in the first quarter of 2018, were not disclosed.
The new investments from Ridgemont Equity Partners and Element Fleet Management Corp. strengthen Amerit’s position in the market by enabling it to further develop its service offering.
Led by Dan Williams, CEO, and Amein Punjani, COO, Amerit is a provider of outsourced fleet maintenance services for Class II – VIII vehicles and other critical equipment with over 1,800 technicians offering services at more than 750 locations across North America.
FinSMEs
22/08/2018