Stonepeak Acquires Fleet Companies
November 19, 2024
Stonepeak, a New York-based alternative investment firm, has acquired Fleet Companies, a regional trailer dealership and leasing company headquartered in Memphis, Tennessee. Fleet will serve as the seed asset for a national trailer platform Stonepeak plans to build across the U.S.; terms were not disclosed and the deal has closed.
- Buyers
- Stonepeak
- Targets
- Fleet Companies (Fleet Equipment, LLC)
- Platforms
- Fleet Companies
- Industry
- Transportation
- Location
- Tennessee, United States
- Transaction Type
- Buyout
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