M&A Deal Summary

Fleet Team Acquires Forklift Training Systems

On April 3, 2024, Fleet Team acquired business services company Forklift Training Systems

Acquisition Highlights
  • This is Fleet Team’s 1st transaction in the Business Services sector.
  • This is Fleet Team’s 1st transaction in the United States.
  • This is Fleet Team’s 1st transaction in Ohio.

M&A Deal Summary
Date 2024-04-03
Target Forklift Training Systems
Sector Business Services
Buyer(s) Fleet Team
Deal Type Add-on Acquisition

Target

Forklift Training Systems

Newark, Ohio, United States
Forklift Training Systems provides OSHA-compliant safety training for operators and trainers of material handling equipment and mobile elevating work platforms, along with an extensive supply of safety products. Forklift Training Systems was founded in 1998 and is based in Newark, Ohio.

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Buyer(S) 1

Buyer

Fleet Team

Independence, Ohio, United States
Category Company
Founded 2012
Sector Business Services
DESCRIPTION

Fleet Team is a fleet management consulting company in the material handling industry, with 625+ client sites, 300+ supplier relationships and 25K globally managed assets. Fleet Team specializes in cost-saving initiatives and real-time data analytics through streamlined vendor management and implementation of efficient and sustainable practices. Fleet Team was founded in 2012 and is based in Independence, Ohio.

DEAL STATS #
Overall 1 of 1
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Ohio) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
Mergr

Product

Company

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