Wednesday, October 29, 2025

FleetPride and TruckPro Complete Strategic Merger

FleetPride, Inc and TruckPro, LLC announced the successful completion of their merger, officially combining forces to create the nation’s largest independent distributor and service provider in the heavy-duty aftermarket parts industry.

The combined organization will operate under the FleetPride name and will deliver greater value to customers through expanded parts availability, enhanced technical expertise, superior service, and an upgraded ecommerce experience designed to streamline operations and minimize downtime for fleets across North America.

Strengthened Leadership and Ownership

The merged company will be jointly owned by American Securities and Platinum Equity. Tom Greco, who joined FleetPride as CEO in July 2025, will lead the combined organization. Chuck Broadus, TruckPro’s president and CEO, will keep managing TruckPro. He will report directly to Greco. Broadus will help with integration and alignment in the next few months.

A Nationwide Network Built for Scale and Service

FleetPride has over 450 locations. It also operates more than 110 service centers and six main distribution centers in the U.S. and Canada. FleetPride’s expanded network lets them provide the widest range of heavy-duty parts in the industry. This means faster access, more availability, and better logistics to keep fleets running well.

FleetPride’s new eCommerce and digital logistics platforms will let customers see inventory in real time. They’ll also provide data-driven insights and tailored service solutions. This will help maximize uptime and boost operational efficiency.

Also Read: Fluke Launches GFL-1500 Ground Fault Locator for Solar System Reliability

Executive Perspectives

“Today’s announcement marks an exciting new chapter for our team members, customers and valued supplier partners,” said Tom Greco, chief executive officer of FleetPride. “This strategic merger is about more than combining two businesses, it’s about building a culture that values people, brings best practices from both organizations and drives innovation. Together, we are creating a stronger, faster-growing company that will deliver greater value for customers and growth opportunities for our team members and suppliers.”

“The strategic merger with FleetPride marks a tremendous step forward for our business and customers,” said Chuck Broadus, president and chief executive officer of TruckPro. “We are bringing together the strengths of both organizations as we align our knowledgeable team members, extensive networks and resources to deliver best-in-class service to the heavy-duty aftermarket. We are eager to embrace the many growth opportunities this combination offers and we are excited about our future together.”

“This is a defining moment for FleetPride and the broader heavy-duty aftermarket,” said Mark Lovett, managing director of American Securities and board chair of FleetPride. “By combining two high-performing businesses with complementary strengths, we’re building a platform with the scale, technology and talent to lead the industry and deliver sustainable growth for customers, team members and suppliers alike.”

“We’ve long thought these businesses were destined to come together and have been developing this opportunity since we first acquired TruckPro,” said Louis Samson, co-president of Platinum Equity. “We chose to join forces because we get excited about the strategic logic and substantial operational opportunity to create long-term value. We look forward to helping accelerate the combined company’s transformation and ability to better serve customers.”

Subscribe Now

    Hot Topics