Fleet Team Acquires Forklift Training Systems

mergers and acquisitions

Fleet Team, a Cleveland, OH-based fleet management and consulting company, acquired Forklift Training Systems, a Newark, OH-based OSHA-compliant safety training company.

The amount of the deal was not disclosed.

The acquisition, which closed on March 28, 2024, further diversifies Fleet Team to include operator/trainer training programs and safety products that complement the company’s existing client solutions portfolio.

Led by David Hoover, President, who will play a key role in providing safety and training leadership for both companies, Forklift Training Systems provides OSHA-compliant safety training for operators and trainers of material handling equipment and mobile elevating work platforms, along with an extensive supply of safety products. Experienced class instructors provide a combination of hands-on learning and classroom education at the company’s training facilities, remote by Zoom/MS Teams or at client locations. The decision to acquire Forklift Training Systems was driven by its capabilities in the training and safety services space with Fortune 500 companies.

Led by Doug Riddle, President, Fleet Team is a used fleet management consulting company in the material handling industry with 625+ client sites, 300+ supplier relationships and 25K globally managed assets. As a strategic, brand-independent consulting partner, it specializes in cost-saving initiatives and real-time data analytics through streamlined vendor management and implementation of efficient and sustainable practices.

FinSMEs

04/04/2024