Aim NationaLease, Airoldi Brothers NationaLease and Brown NationaLease acquired the assets of McCoy NationaLease. McCoy NationaLease is a part of The McCoy Group, which was founded in 1958 by Robert McCoy.
In this sale, Aim NationaLease will operate McCoy’s current location in Indianapolis, which includes 40 full service lease customers and approximately 280 units.
“We are excited to welcome the McCoy NationaLease Indianapolis employees to Aim and we are looking forward to serving our new customers in Indianapolis with the dedicated and consistent level of fleet care that’s come to be associated with the Aim brand,” Geoff Fleming, co-president of Aim NationaLease, said.
Aim NationaLease will now have north and south Indianapolis locations. It will continue operating temporarily out of the McCoy NationaLease facility, which will be Aim NationaLease’s second location in the metro area.
“We’re no strangers to the Indianapolis market, as we have a facility in the northern part of the city already. Our expanded footprint will give us opportunities to better serve and support new and existing customers,” Fleming said. “It’s a great city, and we’re proud to have a stronger presence in it.”
Airoldi Brothers NationaLease will operate several McCoy NationaLease locations in New Brighton, MN; Green Bay, WI; Appleton, WI; Janesville, WI; Milwaukee; and Rockford, IL.
“This sale will expand Airoldi’s reach in the market and our footprint in the industry, allowing us to service more prospective customers, continue to support existing clients and provide job opportunities in local markets,” Cheri Airoldi, owner of Airoldi Brothers NationaLease, said.
The Appleton location will operate as a duplicate location for Airoldi Brothers, expanding service operations in the area while managing different maintenance roles. The Milwaukee location will be merged into Airoldi’s existing location while the other locations will serve as new business locations for Airoldi Brothers.
“The team of McCoy NationaLease employees have a strong work ethic and dedication to the company. We are fortunate to have such a strong group of people that will complement the Airoldi brand,” Mike Airoldi, owner of Airoldi Brothers NationaLease, said.
Brown NationaLease purchased the Iowa assets of McCoy NationaLease in Dubuque, IA. This acquisition will add approximately 15 customers to Brown NationaLease.
“This will be a nice addition to our company as we celebrate our 80th year in business. We were happy that McCoy NationaLease approached us since it is a natural fit for both operations, we are able to keep this business in the NationaLease family, and it should be an easy transition for the customers as they are used to dealing with a family run, locally managed company,” Taylor Brown, president of Brown NationaLease, said.
Founded in 1944, NationaLease is a truck leasing organization with more than 900 locations throughout the U.S. and Canada and a combined customer fleet of over 165,000 tractors, trucks and trailers.
Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!