Safe Fleet Acquires Merlot Vango Tarping Solutions
August 18, 2023
Safe Fleet, a portfolio company of Oak Hill Capital, has acquired Merlot Vango Tarping Solutions, a designer and manufacturer of rolling tarpaulin systems for flatbed and platform trailers. The deal brings Merlot's Vango rolling tarp systems, installation and aftermarket service capabilities into Safe Fleet's Commercial Vehicle Group as an add-on to expand its tarp system product portfolio and geographic reach; Merlot will continue to be led by its existing management team in Verona, Pennsylvania.
- Buyers
- Safe Fleet, Oak Hill Capital
- Targets
- Merlot Vango Tarping Solutions
- Sellers
- Continuim Equity Partners
- Platforms
- Safe Fleet
- Industry
- Manufacturing
- Location
- Pennsylvania, United States
- Transaction Type
- Addon
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