Exclusive financial advisor to Kirk NationaLease

KPMG Corporate Finance LLC (“KPMG CF”) is pleased to announce that Kirk NationaLease Co. (“Kirk NationaLease”, “KNL”, or the “Company”) has been acquired by Amerit Fleet Holdings, LLC (“Amerit” or “Amerit Fleet Solutions”), a portfolio company of New Mountain Capital (“New Mountain”).

Founded in 1969 and headquartered in Sidney, OH, Kirk NationaLease provides cutting-edge, cost-effective truck maintenance, leasing and rental options to meet the needs of business across industries. With over 200+ dedicated industry professionals, KNL has expanded into 19 locations throughout the United States. Their operational expertise, coupled with their NationaLease affiliation, helps deliver exceptional services anywhere throughout the United States. The deal also included Truck and Trailer Parts Solutions, which provides upfitting services for truck bodies, liftgates, solar solutions, APUs/EPUs, Tarp Systems and Custom Solutions.

On working with KPMG, Jeff Phlipot, CEO, stated “I did not appreciate at the outset how important it is to have a good investment banker when selling your company. The KPMG team proved to be an outstanding partner for us. Their experience in the sector was invaluable. They were available to my team and me without fail and guided us through a bespoke, multi-layered transaction. In the end, they helped us locate a terrific acquirer for Kirk, our employees, and our customers and I could not be more pleased with the deal they delivered.”

Tom Menker, CFO, noted “the KPMG team was a trusted advisor and an extension of my team throughout our transaction process. As CFO, I valued their ability to help us refine and communicate our financial story, navigate extensive diligence requirements, and address the many complexities that arise during a sale. Their responsiveness, attention to detail, and thoughtful guidance instilled confidence at every stage of the process.”