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American Securities Acquires FleetPride from TPG Capital

Vinson & Elkins advised FleetPride, Inc. in an agreement under which American Securities LLC, partnered with management, acquired FleetPride from TPG Capital. FleetPride is a leading national distributor of aftermarket parts for the U.S. heavy-duty truck industry. Financial terms of the transaction were not disclosed.

The V&E corporate team was led by partner Lande Spottswood and senior associate Matt Falcone, with partner Keith Fullenweider and associates Yong Eoh, Greg Henson, David Lassetter, Maggie Webber and Charlie Fitzpatrick. Other key team members included associate Connor Long; partner John Lynch and associate Megan James; partner Stephen Jacobson and associate Gina Hancock; partner Sean Becker and senior associate Christie Alcalá; senior associate Matt Dobbins and associates Jennifer Cornejo and Austin Pierce; partner David Wicklund and associate Caitlin Snelson; partner Devika Kornbacher and associate Ben Cukerbaum; and partner Hill Wellford.

About Vinson & Elkins
For more than 100 years, Vinson & Elkins has provided deep experience in handling transactions, investments, projects, and disputes worldwide. The firm is a trusted adviser to clients in the most important industrial and digital industries. Learn more by visiting www.velaw.com or follow us on Twitter @VinsonandElkins or connect with us on LinkedIn.

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