Brightstar Capital Partners Completes Acquisition of Majority Stake in Amerit Fleet Solutions

Amerit, headquartered in Walnut Creek, CA, is a provider of outsourced fleet maintenance across the United States, utilizing its nationwide infrastructure, including mobile maintenance solutions, to offer integrated services to customers wherever they are needed.

FREMONT, CA: Brightstar Capital Partners, a private equity firm focused on partnering with families, entrepreneurs, founders, and management teams, has declared that it has acquired a majority stake in Amerit Fleet Solutions, in partnership with the Company's co-founders who lead the senior management team.

Amerit, headquartered in Walnut Creek, CA, is a provider of outsourced fleet maintenance across the United States, utilizing its nationwide infrastructure, including mobile maintenance solutions, to offer integrated services to customers wherever they are needed. The Company's team of highly skilled managers and technicians offers customized service programs to more than 150,000 vehicles to improve clients' fleet safety, uptime, and reliability.

"We are thrilled to partner with Amerit as it continues to provide premium service to blue-chip customers around the country," stated Dr. Raul Deju, Partner at Brightstar. "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."

"Amerit will remain focused on ensuring the maximum uptime, safety and reliability of our customers' individual fleets," stated Dan Williams, Co-founder and CEO of Amerit. "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."