Merchants Fleet Secures $50 Million in Growth Financing from Bain Capital Credit
Houlihan Lokey, Inc. Class A (HLI)
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Source: Business Wire
Infusion of Capital to Accelerate Merchants Goal of Bringing Disruptive Change to Commercial Vehicle Management HOOKSETT, N.H.--(BUSINESS WIRE)--Merchants Fleet, the nation’s fastest-growing fleet management company, today announced the company has secured $50 million in growth financing from Bain Capital Credit. The financing will enable Merchants Fleet to further accelerate its growth trajectory and mission of bringing disruptive change to the fleet management industry, which impacts over 3.2 million commercial cars and trucks.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200421005096/en/“The fourth industrial revolution is pushing forward, being driven by societal and consumer shifts, and the fleet industry will see both evolutionary and revolutionary change,” said Brendan P. Keegan, CEO of Merchants Fleet. “Over the past couple of years, Merchants Fleet has been embracing this change, and bringing to market comprehe
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