Press Release / 5.1

Dickinson Fleet Services Acquires Fleet Enterprises

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Kelly Lineberger

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INDIANAPOLIS, IN (May 1, 2018) - Dickinson Fleet Services is pleased to announce the acquisition of Fleet Enterprises with operations in Michigan, Ohio, Indiana, Pennsylvania and Tennessee. Dickinson Fleet Services, along with majority shareholder Ridgemont Equity Partners, announced the acquisition on April 5, 2018. The acquisition will expand and enhance mobile trailer repair services offered by Dickinson Fleet Services. The acquisition also provides a complement of new assets, giving Dickinson Fleet Services additional resources to service its national customer base.

“The acquisition of Fleet Enterprises will further add to our nationwide footprint of mobile service technicians. Furthermore, it provides us a service and technology platform that will enable us to provide a superior level of semi-trailer repair service for our customers. The combination of a great team, superior technology and outstanding customers makes this an incredible opportunity to further our goal of being the industry leader in Innovation and Gold Standard Customer Service,” said Ted Coltrain and Mike Dickinson, Executive Officers, in a joint statement on behalf of Dickinson Fleet Services.

Since 2007, Fleet Enterprises has provided on-site semi-truck and trailer maintenance, repair and documentation services to the transportation industry. Fleet Enterprises utilizes innovative information technology to empower mobile technicians and field personnel in the data collection process, so customers can count on real-time information. Fleet Enterprises shares a similar culture and dedication to innovation and maintenance excellence as Dickinson Fleet Services. The addition of the Fleet Enterprises team and resources will complement Dickinson Fleet Services and provide an expanded presence in the represented markets and throughout Dickinson Fleet Services’ current footprint.

Jim Parent, President of Fleet Enterprises, and John Morningstar, Executive Vice President of Business Development of Fleet Enterprises, will join Dickinson Fleet Services and lead the Mobile Trailer Repair business.

“This formal partnership and the acquisition of Fleet Enterprises by Dickinson Fleet Services will allow us to expand our customer reach nationally. Our entire team could not be more excited about this opportunity and merging with the Dickinson Fleet Services organization,” said Jim Parent, President of Fleet Enterprises.