Auto Logistics Leaders MetroGistics and Alpharetta-based AmeriFleet to Merge
Tuesday, January 10th, 2017
MetroGistics Holdings and equity partner Tailwind Capital announced the recent acquisition of Alpharetta, Georgia-based AmeriFleet, North America’s top fleet logistics and services company. MetroGistics is majority-owned by Tailwind Capital, a private equity firm based in New York. The merged operations of AmeriFleet with MetroGistics, a nationally recognized leader specializing in vehicle-shipping solutions for customers of all sizes, creates an unparalleled “one-stop-shop” for driveaway, trucking, storage, title and registration, compliance and a host of other fleet-related services.
Founded in 1997, AmeriFleet operates 68 locations throughout the United States, Canada and Puerto Rico. MetroGistics is a market leader in vehicle logistics, with a client base that includes OEM vehicle manufacturers, major dealership groups, and most of the country’s major rental car companies.
“This is incredibly exciting news for MetroGistics, AmeriFleet and our combined customer base,” said William Billiter, co-founder and managing partner of MetroGistics. “Both companies have enjoyed steady growth, and once we start working closely together, we will begin targeting new markets and service lines that will help us grow exponentially. We believe that this holistic white-glove final-mile delivery service will provide tremendous value to our clients and partners.”
“AmeriFleet’s various lines of service really complement our core competencies,” said Scott Naz,” co-founder and managing partner of MetroGistics. “We both view ourselves as innovative and tech-savvy companies, and now our combined entities will spur even more innovation and accelerated growth.”
“Tailwind has made a conscious investment in our staff and they are confident in their ability to grow AmeriFleet and MetroGistics to new heights,” said Rich Dennis, co-founder and CEO of AmeriFleet. “They believe strongly in what our two companies represent, and believe the synergies between our businesses will truly create a service offering unmatched within the vehicle-logistics space.”
“The combination of these two acknowledged fleet logistics leaders is a winning formula for providing world-class service and value to our mutual clients,” said John Norris, AmeriFleet president. “The complementary nature of our service capabilities creates the platform for delivering a market-leading suite of services for the commercial fleet, OEM, dealer and rental-car markets.”