PE firm Brightstar buys majority stake in Amerit Fleet Solutions

This week $2 billion private equity firm Brightstar Capital Partners announced its acquisition of a majority stake in Amerit Fleet Solutions, a fleet maintenance and repair services provider. The deal was done in partnership with Amerit’s co-founders who lead the senior management team. The capital will help Amerit to provide services to support mission critical infrastructure for customers across the U.S. “We are thrilled to partner with Amerit as it continues to provide premium service to blue-chip customers around the country," said Dr. Raul Deju, Partner at Brightstar in New York. "The company has earned its trusted reputation in the industry by always putting customers' needs first, and we are excited to build on that success and aim to reach new heights." Headquartered in Walnut Creek, California, Amerit has a nationwide infrastructure to provide outsourced fleet maintenance across the U.S. including mobile maintenance solutions. The company services over 150,000 vehicles. "Amerit will remain focused on ensuring the maximum uptime, safety and reliability of our customers' individual fleets," said Dan Williams, co-founder and CEO of Amerit, which has more than a decade under its belt. "Our partnership with Brightstar supplies us with additional resources and relationships to capitalize on the significant growth potential with both new and existing customers across diverse end markets." Brightstar is focused on partnering with exceptional families, founders, entrepreneurs and management teams where the firm is ideally positioned to drive value creation.

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