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FleetPride

FleetPride, Inc. Headquartered in Irving, TX, FleetPride is the nation’s largest distributor of truck and trailer parts and service in the independent heavy...

FleetPride logo

FleetPride

FleetPride, Inc. Headquartered in Irving, TX, FleetPride is the nation’s largest distributor of truck and trailer parts and service in the independent heavy duty aftermarket. FleetPride’s sophisticated network of 300+ locations, which includes 75+ service centers and 5 distribution centers means customers get the parts and services they need, when and where they need them. Customers can click, talk, chat or visit with FleetPride’s team of 4,000+ experts empowered and motivated to solve problems and create tailored solutions for each customer’s unique needs. FleetPride needs exceptional people to support our ambitious growth plans! We offer competitive compensation and benefits, and exciting opportunities for career development. Our mission is to be the most reliable parts supplier in every market we serve, and we’ve earned a loyal and growing customer base by providing outstanding service and value. FleetPride offers advantages to large fleets and small operators alike, and capabilities that no other distributor can match. Our local knowledge allows us to tailor products and services to the unique needs of area customers, while our national footprint allows for consistent, reliable service at every branch and service location. FleetPride’s supply chain expertise ensures that our customers get what they need, when and where they need it, and helps them keep their trucks where they belong – on the road! FleetPride serves a diverse customer base across multiple industries, including freight and shipping, leasing services, agriculture, food and beverage, construction and waste management.

General information

Firm type

other

Year founded

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Irving

Corporate office

Irving, TX, United States

Principals

Mike Harris

President & Chief Executive Officer

Sector focus

Heavy-Duty Parts & Service

Frequently asked questions

Is FleetPride a family office or an operating company?

FleetPride is an operating company, not a family office or institutional allocator. It is the nation's largest independent aftermarket distributor of heavy-duty truck and trailer parts. Since 2014, it has been held by private equity sponsor American Securities. Earlier sponsors in its history include TPG, Investcorp, and Goldman Sachs Capital Partners.

Who owns FleetPride today?

Private equity firm American Securities has held a controlling interest in FleetPride since 2014. American Securities acquired the company from TPG and has funded its continued expansion through organic branch growth and add-on acquisitions of smaller regional parts distributors. The firm's ownership structure makes FleetPride a portfolio company, not a publicly traded entity.

What is FleetPride's business model?

FleetPride is a business-to-business distributor that sells replacement parts and remanufactured components for Class 6-8 heavy-duty trucks and trailers. It also provides shop services and maintenance supplies. The model relies on a hub-and-spoke distribution network: central warehouses replenish branch locations that serve independent repair garages, national fleet accounts, and owner-operators across the United States.

How is FleetPride relevant to institutional allocators or GPs?

Direct relevance is limited since FleetPride is an operating company, not a fund or investment vehicle. Its significance to institutional investors is indirect: as a large portfolio company of American Securities, it reflects the sponsor's industrial-distribution investment thesis. Additionally, parts manufacturers like Meritor, Dana, and Eaton count FleetPride as a major channel partner, making its purchasing behavior relevant to public equity analysts covering those suppliers.

What is FleetPride's geographic coverage?

Its network reaches 46 states through more than 300 branch locations and multiple regional distribution centers. The Irving, Texas headquarters anchors a system designed to provide same-day or next-day parts availability along national freight corridors. This density is the result of decades of acquisitions that consolidated once-independent local distributors.

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