Milbank LLP advised the financing sources in connection with the recapitalization of FleetPride, Inc. (“FleetPride”), an American Securities portfolio company, and its strategic merger with TruckPro, LLC, forming the nation’s largest independent distributor and service provider in the aftermarket heavy-duty truck parts industry.
With this merger, FleetPride expands to over 450 locations, 110 service centers and 6 distribution centers across the United States and Canada.
The Milbank deal team was led by New York-based Global Leveraged Finance partners Marcus Dougherty, Benjamin Miles and Meir Hornung, with special counsel Gabrielle Paolini Webster and associates Sean McMillon, Jordan Hall, Benjamin Mann, Qianfeng Lin, Joseph Principato and Christelle Lobo.
