MISSION VIEJO, Calif., Oct. 15, 2008 (GLOBE NEWSWIRE) -- Kelley Fleet Services LLC (KFS), a leading large fleet maintenance provider, announced today they have formally partnered with a private equity group based in Memphis, TN. Their $25 million capital investment will be used to accelerate KFS' growth within the North American fleet maintenance and the services market.
Kelley Fleet Services provides dedicated fleet management services to large private fleets nationwide. Its clients include Pepsi Bottling Group, Boeing, Qwest Communications, Schwan's Foods, Shamrock Foods and Dean Foods, among others.
"Our vision is to become the premier provider of fleet maintenance services to large fleets everywhere," said Don Kelley, president and chief executive officer of Kelley Fleet Services. "We're extremely excited about our new, expanded ownership group and what those resources mean to our clients, suppliers, and employees."
The additional resources will be used to support and accelerate the expansion in the private fleet market as well as position KFS to pursue select municipal market opportunities where their unique solutions oriented services bring additional value.
About Kelley Fleet Services, LLC
Privately held and headquartered in Mission Viejo, California, Kelley Fleet Services was created in 1999 to provide fleet management to growing organizations worldwide. KFS's primary goal is to understand their client's business objectives and the challenges they face relative to their current fleet management process and provide innovative solutions to meet those objectives.
Kelley Fleet Services is an extended family of more than 200 employees; a world-class company with homegrown roots. Through tremendous executive leadership, KFS has built a solid reputation for service, customer by customer, from the ground up.
The company was formed by Don Kelley, a transportation services industry executive with over 28 years of experience in this field. Don and his business partners boast a century of combined experience. Since the company's inception, Don and his partners have focused on creating a system that will mold to their clients current success measures to ensure alignment with their overall mission. For more information, please visit www.kelleyfleetservices.com or call 949.595.4400.
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