American Securities acquired Fleetpride from TPG.

American Securities acquired Fleetpride, a leading national distributor of aftermarket parts for the U.S. heavy-duty truck industry, from TPG. Financial terms were not disclosed. "We are pleased to partner with Al and the rest of the FleetPride management team as they continue to execute on a strategy to drive above-market organic growth and further consolidate the industry," commented Will Manuel, a Managing Director of American Securities. "The Company's scale, best-in-class product offering, supply chain capabilities, and strong management team create a sustainable competitive advantage and make FleetPride a strong fit for our investment strategy."