#United States #Irving, Texas #Merger #FleetPride #TruckPro

FleetPride and TruckPro Announce a Strategic Merger

In a significant move for the heavy-duty aftermarket parts industry, FleetPride Inc. and TruckPro, LLC have declared that their merger is officially closed as of today. This merger not only combines two heavyweights in the sector but also positions the newly formed entity as the foremost independent distributor and service provider in the United States and Canada.

The merged company will operate under the FleetPride brand and aims to amplify customer value through improved parts availability, enhanced technical expertise, superior service, and an upgraded e-commerce experience. Headquartered in Irving, Texas, with an additional office in Memphis, Tennessee, the enlarged FleetPride network will encompass over 450 locations, 110 service centers, and six distribution centers, allowing them to reach customers efficiently across North America.

Tom Greco, who took over as CEO of FleetPride in July 2025, will spearhead the combined company. He expresses his enthusiasm, stating, “Today’s announcement marks an exciting new chapter for our team members, customers, and valued supplier partners. This merger is more than just a business combination; it symbolizes our commitment to fostering a culture valuing people, sharing best practices, and driving innovation.” The leadership structure will also retain Chuck Broadus, the president, and CEO of TruckPro, who will oversee the TruckPro division as it integrates into FleetPride.

The merger is set to create a comprehensive range of parts aimed at meeting the demands of the heavy-duty aftermarket sector. By leveraging their enhanced e-commerce platform and robust logistics network, FleetPride plans to expedite access to critical parts while providing tailored solutions to keep trucks on the roads and fleets operating efficiently.

Chuck Broadus stated, “The strategic merger with FleetPride marks a tremendous step forward for our business and customers. We are excited about aligning our knowledgeable team and extensive networks to deliver exemplary service to the heavy-duty aftermarket.” Both executives emphasized the importance of meeting and anticipating the evolving needs of their customer base through this new partnership.

This union not only represents a significant operational opportunity but also aligns with the vision of both companies to enhance customer service quality. Mark Lovett, managing director at American Securities and chairman of FleetPride's board, remarked, “By merging two high-performing businesses, we are laying the foundation for a platform that can lead the industry and generate sustainable growth for all stakeholders.”

It’s worth noting that American Securities and Platinum Equity jointly own the new FleetPride, each bringing investment expertise and a strong operational foundation to bolster the merged company’s market presence.

LOUIS SAMSON, Co-President of Platinum Equity, shared his insights, stating, “We have long believed that these businesses are meant to combine. We have been developing this opportunity since we first acquired TruckPro and are committed to realizing its potential.” This optimism feeds into a broader strategy aimed at creating long-term value while enhancing operational synergies between the combined companies.

As the integration proceeds, FleetPride and TruckPro are set to elevate their positions in the market while delivering superior solutions for their customers. This merger heralds an exciting future for employees, customers, and suppliers alike as they work together to forge an innovative path in the heavy-duty aftermarket parts industry.

For more information, FleetPride encourages customers to visit their websites, www.fleetpride.com and www.truckpro.com, to explore their wide array of products and services.

About FleetPride

FleetPride is recognized as the nation's largest distributor of truck and trailer parts and services, specializing in heavy-duty aftermarket solutions. Their extensive network ensures that customers can access the services they require, whenever necessary, through skilled professionals committed to dependable support and tailored service solutions.

About American Securities

With a focus on North American companies in the industrial and B2B services sectors, American Securities has capitalized on its expertise to drive growth and value across a diverse range of businesses.

About Platinum Equity

Platinum Equity is known for its strategic mergers and acquisitions across diverse operational sectors. With a rich history of successfully completing a multitude of acquisitions, it continues to lead the market in asset management and operational excellence.