About Total Fleet Solutions
Total Fleet Solutions is a company based in Ohio City (United States) founded in 2001 by Brent Parent, and was acquired by Southfield Capital in July 2024. Fleet management and material handling solutions are provided globally. Total Fleet Solutions has completed 1 acquisition, including Velocity USA. Its chief executive, as recorded, is Brent Parent. Total Fleet Solutions offers products and services including Fleet Management Solutions and Guaranteed Fleet Program. Its legal entity is TFS, Ltd.
Company details
Provider of fleet management and material handling solutions. It offers services encompassing the assessment, design, and prioritization of improvements in productivity, safety, and cost per pallet within material handling operations. These solutions include asset tracking, vendor spend management, and system integration to optimize equipment usage and reduce costs. A key offering is a guaranteed fleet program designed to address cost increases, safety concerns, and productivity issues associated with large forklift fleets. The company aims to provide a one-stop shop for clients material handling needs, allowing them to focus on their core business.
- Headquarters Ohio City, United States
- Founders Brent Parent
- Stage Acquired
- Website tfsglobal.com
- Social LinkedIn
- Acquired by Harvest Partners (Mar 2017)
- Legal Name Tfs, Ltd.
- Latest Funding Round$159M (USD), Debt – Conventional
Jun 2015
- InvestorsSouthfield Capital
& 3 more
- Investments & Acquisitions
- Acquired by
Products & Services of Total Fleet Solutions
Total Fleet Solutions offers a comprehensive portfolio of products and services, including Fleet Management Solutions and Guaranteed Fleet Program.
Fleet management solutions are handled by TFS Global to reduce vendor counts and improve service levels for material handling equipment.
The Guaranteed Fleet program is utilized by TFS Global to deliver fixed costs and savings for large forklift fleets while addressing safety and productivity.
Funding Insights of Total Fleet Solutions
- Total Rounds 1
- Last Round Debt – Conventional — $159M
- First Round $159M
(Jun 2015)
- Investors Count 1
All 1 funding rounds of Total Fleet Solutions with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2015 | $159M | Debt – Conventional | – | – |
4 investors in total: 4 institutional.
Investors in Total Fleet Solutions
Total Fleet Solutions has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Southfield Capital, NewStar Financial and CI Capital Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investment firm | 2002 | southfieldcapital.com | Greenwich, United States | |
Entrepreneurial private equity investments in business services and logistics sectors. | cicapllc.com | |||
Harvest Partners is engaged in alternative investment strategies. | harvestpartners.com | |||
Financial services are provided by NewStar Financial in Boston. | 2004 | newstarfin.com | Boston, United States |
Investor details for Total Fleet Solutions
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Total Fleet Solutions
16 people are tracked at Total Fleet Solutions (9 in leadership, 7 in team).
| Name | Role | Group |
|---|---|---|
Brent Parent | Co-Founder & CEO | Leadership |
Cortney Heitkamp | Vp, Human Resources | Leadership |
Mandy McKnight | Director Of Finance | Leadership |
Bassem Saleh | Chief Executive Officer | Leadership |
John McNamara | Regional Vice President | Leadership |
Drew Johnson | Director Of Sales Marketing | Leadership |
Blake Tucker | Executive Vice President | Leadership |
Brian Hart | Director Of Fleet Management | Leadership |
Jamie Twining | Regional Vice President | Leadership |
Steve Pocock | Integrated Solutions Account Executive | Team |
Muhammad Shahid Abbasi | GM Operations -camp Faicility Management | Team |
Byron Bolton | Sales Account Executive | Team |
Chase Murphy | Account Executive | Team |
Steve Byrd | Account Executive | Team |
Adam Stone | Rental Coordinator | Team |
Clayton Farmer | Account Executive | Team |
Complete people profiles for Total Fleet Solutions
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Total Fleet Solutions
Total Fleet Solutions has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Velocity USA.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Velocity USA is engaged in warehouse solutions and maintenance services. | curlin.com | Tampa, United States | 1940 | Oct 2021 | •••• |
Complete acquisition details for Total Fleet Solutions
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Total Fleet Solutions
7 dated milestones of Total Fleet Solutions across 23 years, from founding to its latest funding, stage changes and deals.
- Founded Total Fleet Solutions is founded.
- Exit Acquired by Southfield Capital.
- Exit Acquired by CI Capital Partners.
- Funding First funding round of $159.0M.
- Exit Acquired by Harvest Partners.
- Acquisition Acquires Velocity USA.
- Exit Acquired by Southfield Capital.
Web traffic of Total Fleet Solutions
The website of Total Fleet Solutions (tfsglobal.com) receives about 2.4K visits a month.
- Monthly visits2.4K
▲ 10.5% vs previous month
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Total Fleet Solutions
Total Fleet Solutions was founded in 2001 and raised its 1st funding round 14 years after it was founded.
Total Fleet Solutions is headquartered in Ohio City, United States. It is registered at Ohio City, Ohio, United States.
Brent Parent is the CEO of Total Fleet Solutions, as recorded in our data. They have also founded this company.
Provider of fleet management and material handling solutions. It offers services encompassing the assessment, design, and prioritization of improvements in productivity, safety, and cost per pallet within material handling operations. These solutions include asset tracking, vendor spend management, and system integration to optimize equipment usage and reduce costs. A key offering is a guaranteed fleet program designed to address cost increases, safety concerns, and productivity issues associated with large forklift fleets. The company aims to provide a one-stop shop for clients material handling needs, allowing them to focus on their core business.
Total Fleet Solutions offers Fleet Management Solutions and Guaranteed Fleet Program.
Total Fleet Solutions has made 1 acquisition, including Velocity USA.
Total Fleet Solutions has 4 investors. Key investors include Southfield Capital, NewStar Financial, CI Capital Partners, and Harvest Partners.
Total Fleet Solutions operates through Tfs, Ltd..
Yes. Total Fleet Solutions was acquired by Harvest Partners in March 2017.