Fleet Team Expands with Strategic Acquisition of Forklift Training Systems

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Apr 03, 2024, 08:00 ET

INDEPENDENCE, Ohio, April 3, 2024 /PRNewswire/ -- Fleet Team, fleet management and consulting company focused on optimizing logistics for facilities across a diverse market base, is pleased to announce its acquisition of Forklift Training Systems, headquartered in Newark, Ohio. This strategic transaction further diversifies Fleet Team to include operator/trainer training programs and cutting-edge safety products that complement the company's existing client solutions portfolio.

The acquisition, which closed on March 28, 2024, aims to leverage the strengths of both companies while maintaining the individual identities that have contributed to their respective successes. The decision to acquire Forklift Training Systems was driven by its exceptional reputation in the training and safety services space with Fortune 500 companies.

The addition of Forklift Training Systems will allow Fleet Team to take a more holistic approach to fleet management and reinforce its commitment to meeting the evolving needs of its client base. Doug Riddle, President of Fleet Team, said, "With safety being top-of-mind for us and our clients, acquiring Forklift Training Systems is the beginning of a symbiotic partnership. We are ecstatic to bring the Forklift Training Systems team on board and look forward to the opportunities this change will bring."

David Hoover, President of Forklift Training Systems, will play a key role in providing safety and training leadership for both companies. "I am thrilled to build on the legacy I've established for Forklift Training Systems by gaining access to additional resources and collaboration from Fleet Team. With this change, our clients can still expect to receive the same exceptional service they know and trust, but now with access to additional resources."

About Fleet Team: Fleet Team is a trusted fleet management consulting company in the material handling industry in Cleveland, Ohio, with 625+ client sites, 300+ supplier relationships and 25K globally managed assets. As a strategic, brand-independent consulting partner, Fleet Team specializes in cost-saving initiatives and real-time data analytics through streamlined vendor management and implementation of efficient and sustainable practices.

Learn more about Fleet Team at fleetteam.com.

About Forklift Training Systems: Forklift Training Systems provides industry-leading, OSHA-compliant safety training for operators and trainers of material handling equipment and mobile elevating work platforms, along with an extensive supply of safety products. Experienced class instructors provide a combination of hands-on learning and classroom education at our training facilities, remote by Zoom/MS Teams or at client locations. Our goal is to optimize your business operations with best-in-class safety and training solutions.

Learn more about FTS at forklifttrainingsystems.com.

SOURCE Fleet Team