Merchants Fleet Management announced it has formed a strategic alliance with Texas-based Alamo Leasing, a fleet-leasing company with customers throughout United States, and a dominant presence in the Hospitality, Healthcare, and Oil & Gas business segments.
It is the latest in a series of partnerships and acquisitions over the past seven years aimed at bolstering the company’s strategic plan for controlled growth. This latest move by Merchants Fleet Management further advances the company’s expansion strategy which included opening a Chicago office last year, hiring additional industry talent, broadening its consulting services, and developing cutting-edge fleet management technology solutions. The company’s steady run of organic growth, coupled with recent acquisitions of like-minded companies, has resulted in Merchants Fleet Management becoming one of the nation’s top 10 fleet lessors.
Alamo Leasing, headquartered in San Antonio, TX, is one of the largest independently owned leasing companies in Texas, and has been family owned and operated for more than 50 years. Alamo President Patrick Breen will continue to manage the San Antonio corporate operations as he always has, and all Alamo Leasing employees will remain on staff in the same capacity.
“This is an exciting time for Merchants Fleet Management, and we couldn’t be more pleased to welcome Alamo employees and customers in this strategic alliance,” said Glen Villano, Merchants Fleet Management CEO. “Both companies are driven by the same core values with a focus on highly customized service, understanding customers’ needs, and being a true partner in helping them maximize efficiencies. We bring an expanded line of services and technology solutions to the table and look forward to continuing to meet all customers’ needs today and into the future.”
