Announced

Completed

Palatine completed the acquisition of NRG Fleet Services.

Synopsis

Palatine Private Equity completed the acquisition of NRG Fleet Services, a provider of specialist services to the commercial vehicle sector. Financial terms were not disclosed. “Steve and the rest of the management team at NRG have created a stand out national fleet services business, with a strength in supporting complex fleets. On the back of this investment, we look forward to supporting the team to deliver the many opportunities for value creation that present themselves, including a continued buy and build strategy and the further development of NRG’s services, which includes its strong market position for the delivery of electric vehicles," James Winterbottom, Palatine Senior Investment Director.

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