PE-backed FleetPride has added on Southwest Brake & Parts, expanding its geographical presence into Michigan. SB&P distributes heavy-duty truck parts. FleetPride was advised by a team from Jones Day, which was led by Daniel P. Malone, on the deal. The company has been backed by Investcorp and Ridgemont Equity Partners since a $506 million LBO in 2006.
© 2020 PitchBook Data. All rights reserved. PitchBook is a financial technology company that provides data on the capital markets.