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FleetPride and TruckPro Announce Strategic Merger

Reported by Platinumequity
Oct 30, 2025· 2 min read
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Key Takeaways
  • • FleetPride and TruckPro completed a merger effective October 28, 2025, creating the nation's leading independent distributor and service provider in the heavy-duty aftermarket parts industry, operating under the FleetPride name.
  • • The combined entity operates 450+ locations, 110+ service centers, and six distribution centers across the U.S. and Canada, positioning it as a comprehensive nationwide parts provider for commercial trucking operations.
  • • Ownership structure includes American Securities and Platinum Equity as joint owners, with Tom Greco serving as chief executive officer (appointed July 2025) and Chuck Broadus, TruckPro's former president and CEO, continuing to lead the TruckPro business unit under Greco's direction.
  • • The merger's strategic value centers on enhanced parts availability, expanded inventory visibility, improved ecommerce capabilities, and integrated logistics networks designed to reduce truck downtime and improve fleet operational efficiency.
Summary
FleetPride Inc. and TruckPro, LLC completed a strategic merger effective October 28, 2025, combining two major players in the heavy-duty aftermarket parts and service sector. The transaction creates a single company operating under the FleetPride name, establishing what both companies describe as the nation's leading independent distributor and service provider in the heavy-duty aftermarket parts industry.

The combined footprint reflects significant scale in the North American trucking aftermarket. FleetPride now operates over 450 locations and more than 110 service centers supported by six distribution centers across the United States and Canada. This expanded geographic and operational reach enables the merged entity to deliver broader parts availability and faster inventory access to commercial fleet operators across the continent.

Leadership structure positions Tom Greco, who joined FleetPride as chief executive officer in July 2025, at the helm of the combined organization. Chuck Broadus, who previously served as TruckPro's president and CEO, will continue managing the TruckPro business unit as a distinct operating entity while reporting to Greco and supporting broader integration initiatives. Ownership rests with American Securities and Platinum Equity acting as joint owners.

The strategic rationale emphasizes operational synergies including enhanced ecommerce platforms, improved logistics networks, consolidated technical expertise, and expanded inventory visibility. The merger positions the combined FleetPride to deliver faster parts access and tailored solutions targeting fleet uptime—a critical metric for commercial trucking operations where downtime directly impacts customer profitability. Management commentary indicates the transaction also prioritizes integration of organizational cultures and best practices from both legacy companies.

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Sources

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AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Platinumequity FleetPride and TruckPro Announce Strategic Merger