Amerit Fleet Solutions Acquires Vector Fleet Management

Intent Is to Expand Services to Broader Range of Customers

Amerit Fleet Solutions truck
Amerit says integrating Vector鈥檚 specialized services provides a unified approach to meeting the diverse needs of its customers. (Amerit Fleet Solutions)

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has acquired fleet maintenance and parts management services company , the company announced Feb. 28.

Vector provides services tailored to fleet operations of government clients and heavy-industrial settings. The company will continue to serve these segments under its brand name. Amerit said the acquisition furthers its mission of delivering nationwide customer service with dedicated field technicians.

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鈥淲e are excited to welcome Vector Fleet Management to the Amerit family,鈥 co-CEOs Dan Williams and Amein Punjani said. 鈥淭his acquisition enhances our ability to deliver comprehensive, end-to-end fleet solutions to a broader range of customers. By integrating Vector鈥檚 specialized services with our own, we can provide a unified approach that meets the diverse needs of our clients, from fleet maintenance and management to parts procurement.鈥

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Vector and its investors were advised by Anderson LeNeave & Co. Amerit is backed by New Mountain Capital. The firm currently manages private equity, strategic equity, credit and net lease real estate investment strategies with more than $55 billion in assets under management.

鈥淲e are proud of the strong market reputation that we have earned over Vector鈥檚 35-year history, and we are excited about the opportunities that this partnership with Amerit presents,鈥 Vector CEO James Overstreet said. 鈥淎merit and Vector鈥檚 joining of forces strengthens our ability to deliver innovative fleet solutions while continuing to focus on the safety, high standards of service and reliability that our customers have come to expect.鈥

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