Fleetpride Acquires Mtr Fleet Services Of Cumming, Georgia

Feb 16, 2022•over 3 years ago

Acquiring Company

FleetPride

Acquired Company

Cumming

Irving

Description

FleetPride, Inc., the nation's largest distributor of truck and trailer parts and service in the independent heavy duty aftermarket, announced today that it has acquired the assets of MTR Fleet Services of Cumming, Georgia. Following his service as a diesel mechanic in the U.S. Army, Jason Martin founded Martin's Truck Repair in 2003. Martin changed the company's name to MTR Fleet Services upon moving to their current 12,000-square-foot facility in 2008. The MTR team supports customers throughout metro Atlanta and northern Georgia with outstanding service, including heavy duty repairs, body work, and on-site maintenance services.

Company Information

Company

FleetPride

Location

Irving, Texas, United States

About

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 280 stores, 53 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 3,500 experts empowered and motivated to solve problems and create tailored solutions for each customer's unique needs. To find your local FleetPride branch or service center, or to cross-reference, search, and shop for parts by VIN, visit the new www.fleetpride.com. SOURCE FleetPride, Inc.

M&A Insights

Based on deal data

Integration timeline

70% of M&A integrations take 12-24 months to complete

Tech stack consolidation

83% of merged companies consolidate technology vendors within first year

Post-acquisition investment

Companies increase IT spending by 23% on average after acquisitions

Success factor

M&A deals with strong technology integration plans are 2.5x more likely to succeed

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