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DICKINSON FLEET SERVICES ENHANCES MOBILE TRAILER REPAIR SEGMENT IN NORTHEAST REGION

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INDIANAPOLIS– (BUSINESS WIRE) – Dickinson Fleet Services (“Dickinson” or “DFS”), along with majority shareholder Ridgemont Equity Partners, is pleased to announce the acquisition of American Fleet Services (“AFS”) of Baltimore, Maryland, continuing Dickinson’s rapid growth trajectory within its mobile fleet services offering and further solidifying DFS as the leader in the Northeast Region. American Fleet Services marks Dickinson’s eighth acquisition since 2017 and the second in 2019.

“We are very excited to partner with the American Fleet Services team. AFS has built a strong reputation for providing exceptional mobile repair services in Baltimore and the surrounding area that will serve as a solid base to accelerate future growth for our mobile fleet repair division in the Northeast Region for new and existing customers,” said Ted Coltrain and Mike Dickinson, Executive Officers, in a joint statement on behalf of DFS.

“Dickinson Fleet Services continues to cement itself as a prominent force in the mobile fleet maintenance industry. DFS currently offers unmatched scale and a great customer experience with its proprietary technology, which results in excellent service to its customers. Alongside Dickinson Fleet Services, we will be able to service our existing customers on a national basis as well as create a better customer experience with the use of TRAIT®, DFS’ proprietary field service application,” said Joe McNerney, Owner, American Fleet Services.

Dickinson Fleet Services is actively seeking acquisition opportunities to significantly broaden its service offerings and geographic reach, while also allowing its team members the ability to experience incredible career growth opportunities. DFS remains focused on its core values of Safety, Innovation and Maintenance Excellence.

About Dickinson Fleet Services

Headquartered in Indianapolis, Indiana, Dickinson Fleet Services has grown to become one of the largest independent fleet maintenance and management companies in the country. DFS is the leading provider of on-site mobile maintenance and repair services nationwide, offering mobile on-site maintenance and repair services for light, medium and heavy-duty trucks and trailers with over 500 mobile units operating nationwide. DFS services fleet customers with 22 maintenance facilities each offering select services from accident repair, paint, refurbishment and dedicated technician services, combined with an in-house CARES CALL center providing 24/7 maintenance scheduling and emergency repair assistance. DFS has made significant investments in training and technology, including WebWrench® (maintenance tracking and scheduling through proprietary technology) and TRAIT® (real-time reporting and dynamic preventative maintenance inspections processed through a proprietary field service application) and is the only fleet services company in the nation to provide both fleet maintenance and management to its customers nationwide. www.dickinsonfleet.com

About Ridgemont Equity Partners

Ridgemont Equity Partners is a Charlotte-based middle market buyout and growth equity investor. Since 1993, the principals of Ridgemont have invested approximately $4.4 billion. The firm focuses on equity investments up to $250 million in industries in which it has deep expertise, including business and industrial services, energy, healthcare, and technology and telecommunications. www.ridgemontep.com