Amerit Partners with New Mountain Capital for Strategic Growth
Deal News | Feb 25, 2025 | Ropes & Gray
Ropes & Gray, a prominent advisory firm, provided legal counsel to New Mountain Capital in its partnership with Amerit Fleet Solutions. Amerit Fleet Solutions is a leading service provider in the commercial fleet maintenance and repair sector. While the financial specifics of the deal were not disclosed, the collaboration was formally announced by Amerit in a press release. New Mountain Capital, based in New York, is recognized for its focus on business growth and sustainable capital appreciation rather than engaging in high-risk investments. The firm oversees a substantial portfolio of various funds, managing approximately $55 billion in assets. The extensive team from Ropes & Gray involved in facilitating this deal included experts in private equity, debt finance, tax, employee benefits, IP transactions, environmental law, real estate, ESG, litigation, and ACIR.
Sectors
- Private Equity
- Commercial Fleet Maintenance
- Legal Advisory
Geography
- United States – New Mountain Capital is based in New York, and Amerit Fleet Solutions operates within the U.S.
Industry
- Private Equity – The article discusses the investment activities of New Mountain Capital, a private equity firm, in partnering with Amerit Fleet Solutions.
- Commercial Fleet Maintenance – Amerit Fleet Solutions operates in the commercial fleet maintenance and repair sector, which is key to the service they provide.
- Legal Advisory – Ropes & Gray served as the legal advisor, providing a range of legal services to facilitate the investment deal.
Financials
- Nearly $55 billion – Assets under management by New Mountain Capital.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| New Mountain Capital | Investing Firm | Company | A New York-based investment firm that focuses on business growth and sustainable capital appreciation. |
| Amerit Fleet Solutions | Target Company | Company | A premier provider of commercial fleet maintenance and repair services. |
| Ropes & Gray | Legal Advisor | Company | A law firm advising on the partnership between New Mountain Capital and Amerit Fleet Solutions. |