SouthPac Partners Acquires Stake in Fleet Management Leader, ThinkFleet Management

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Vancouver, British Columbia–(Newsfile Corp. – February 11, 2022) – SouthPac Partners is pleased to announce that it has acquired an equity interest in ThinkFleet Management, Inc., a leading provider of fleet management solutions on the rapidly growing e-commerce market.

ThinkFleet Management was established in 2017 by Steve Cook to meet the fleet management needs of the next generation of businesses supporting the rapid growth of e-commerce delivery and last mile delivery solutions. It has now established a solid reputation for its excellent customer service, access to its fleet inventory, car parks and bespoke fleet management and maintenance solutions.

SouthPac Partners is committed to helping accelerate the growth of ThinkFleet’s business across Canada, leveraging their expertise in business development, mergers and acquisitions, financing and real estate acquisitions.

Chris Charlwood, Managing Partner of SouthPac Partners, said, “We are delighted to partner with Steve Cook and the entire team at Think Global as they embark on this exciting growth journey. Think Fleet has developed the best fleet management solutions that maximize customer uptime and optimize fleet performance. »

Steve Cook, CEO of ThinkFleet Management, said, “We are excited about our partnership with SouthPac Partners as we now have the opportunity to leverage their expertise, experience and diverse portfolio to facilitate ThinkFleet’s growth. Their vision and goals align perfectly with our strategic roadmap. as we strive to be the preferred fleet solutions provider. As ThinkFleet establishes a strong presence in the e-commerce market, SouthPac can support and accelerate our expansion initiatives, while helping us diversify our solution offering within the fleet industry.

About ThinkFleet

In 2017, ThinkFleet Management opened its doors and provides customizable fleet management solutions to Delivery Service Providers (DSPs) across Canada. ThinkFleet helped Amazon DSPs acquire their fleet of vehicles while providing 24-hour mobile fleet maintenance services to help minimize vehicle downtime and operating costs. Today, ThinkFleet serves and supports many industries including government, cold chain, last mile, and all commercial services.

At ThinkFleet, we strive to provide the best customer service while constantly developing additional programs and products that will continue to help our customers run and grow their business. Our customers’ success is our success, which is why we are committed to providing customized fleet solutions so they can focus on their business, while they let us manage their fleet.

About SouthPac Partners

SouthPac Partners is a Vancouver, BC-based private investment group focused on private operating companies with real estate assets. Its investment approach consists of creating value over the long term, by taking advantage of the experience of principals and their network of investors. He focuses on assisting business owners with ownership transition, mergers and acquisitions financing, growth capital and selective restructuring opportunities.

For more information

Media and Investor Inquiries:

Consider fleet management
Steve Cook, CEO
[email protected]
www.thinkgs.ca

SouthPac Partners
Jeremy South, Managing Partner
[email protected]
www.southpacpartners.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/113505

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