FleetPride Buys Pro Truck & Trailer

FleetPride, an independent aftermarket distributor of heavy-duty truck and trailer parts, has acquired the assets of Lubbock, Texas-based Pro Truck & Trailer Supply Inc. No financial terms were disclosed. FleetPride is owned by Investocrp, Banc of America Capital Investors and company management.

PRESS RELEASE

Today, FleetPride, Inc., the nation’s largest independent aftermarket distributor of heavy-duty truck and trailer parts, announced that it has acquired the assets of Pro Truck & Trailer Supply, Inc. This represents FleetPride’s 15th location in Texas. The acquisition includes a 21,000 square foot retail and warehouse facility in Lubbock, Texas.

Pro Truck & Trailer Supply, owned by Gary and Sandra Ball, has served the heavy duty industry in West Texas since 1990. Gary Ball will join the FleetPride team as the Branch Manager and oversee the transition.

“Lubbock, Texas has a well-established economy with thriving agriculture and oil field services markets. As the economic center of the region, it is a perfect expansion market for FleetPride,” said Lee Stockseth, Vice President Operations and Central Region General Manager for FleetPride.

“This strategic acquisition is consistent with our approach to expanding our national footprint,” said Mike Paxton, Vice President Business Development & Strategic Planning. “Entering the Lubbock market will strengthen our presence in West Texas, give us the capacity we need to meet increased demand, and ensure that we can continue to provide our customers with the quality of service that has become the cornerstone of FleetPride’s reputation.”

About FleetPride, Inc.

FleetPride, Inc. — America‘s premier nationwide supplier of heavy-duty truck and trailer parts — operates 187 locations in 39 states and carries a full line of nationally recognized brand name parts, as well as an assortment of private brand parts. In addition, FleetPride offers in-house remanufactured products such as brake shoes, transmissions, rear axles and driveline components. Truck and trailer repair services are also offered at a number of locations.

About FleetCare

FleetCare — America‘s premier heavy duty truck and trailer service center network — has over 180 service providers across the country. FleetCare offers services for all makes and models at all locations, 24/7 toll-free locator service, dedicated website, highly trained technicians, brand name parts, nationwide parts warranty and roadside assistance in many locations.