AmeriQuest and NationaLease Announce Merger Closing
CHERRY HILL, NJ – NationaLease Purchasing Corporation (NPC) and AmeriQuest Transportation and Logistics Resources Corp. completed their previously announced merger last week when shareholders of both companies offered their support by voting in favor of merging the two entities.
CHERRY HILL, NJ – NationaLease Purchasing Corporation (NPC) and AmeriQuest Transportation and Logistics Resources Corp. completed their previously announced merger last week when shareholders of both companies offered their support by voting in favor of merging the two entities. As a result, NPC and AmeriQuest proceeded to close on the merger in the Philadelphia office of Dilworth Paxson LLP. The unified AmeriQuest leasing participants operating under the NationaLease brand has formed the largest leasing organization in North America with more than 700 locations allowing NationaLease to more effectively compete with current industry leaders. In addition, NationaLease now has the largest reciprocal road service network in North America and a stronger national account program, serving the needs of the unified participants selling full-service leasing, contract maintenance, and dedicated contract carriage throughout North America. AmeriQuest delivers transportation-related products and services. The company utilizes technology to provide value to the fleet operator by leveraging the direct purchasing power of more than 525,000 trucks and several hundred fleets. NationaLease Purchasing Corp. serves as a buying corporation for member companies of NationaLease, leveraging purchasing volume in excess of $300 million annually. NationaLease represents a total fleet of 90,000 vehicles served by a reciprocal service network of more than 700 locations across North America. NationaLease will continue to operate from its Oakbrook Terrace, Ill., home office.
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