Investcorp-Backed FleetPride Adds On Again

FleetPride, a Woodlands, Texas-based seller of aftermarket heavy duty vehicle parts, has purchased the assets of Angelo Fleet & Industrial Supply, Inc. of San Angelo, Texas for an undisclosed price. FleetPride was purchased by Investcorp in 2006.

FleetPride, Inc., the nation’s largest independent aftermarket distributor of heavy-duty truck and trailer parts, announces that it has acquired the assets of Angelo Fleet & Industrial
Supply, Inc. of San Angelo, Texas. FleetPride will continue to operate in the
11,000 square foot facility located at 4106 South Chadbourne and brings the
total number of FleetPride locations in Texas to 17.

Angelo Fleet & Industrial Supply has been in business since 1982 and is the
primary independent heavy duty parts distributor in San Angelo and its
surrounding markets. “Owners Larry and Donna Ripley are known for providing
unparalleled customer service, quick delivery, and dedication to doing things
right the first time – all of which mirror the FleetPride business
philosophy,” said Lee Stockseth, Vice President Operations and Central Region.

“Larry Ripley will stay on as Branch Manager and employment offers have been
extended to all employees. The Angelo Fleet & Industrial Supply team brings
immeasurable experience in the heavy-duty parts business, making them an
important addition to our FleetPride family,” continued Stockseth.

“This new location in San Angelo, combined with our locations in Amarillo and
Lubbock, gives us extensive coverage of West Central Texas, and will allow us
to more quickly service this region’s significant oil field and agricultural
industries,” said Mike Paxton, Vice President Business Development and
Strategic Planning.

About FleetPride, Inc.
FleetPride, Inc. (–America’s premier nationwide supplier
of heavy duty truck and trailer parts — operates 189 locations in 39 states
and carries a full line of nationally recognized brand name parts, as well as
an assortment of exclusive 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 190 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