According to a survey from Merchants Fleet, 87% of U.S. consumers are about the environmental impact of holiday package deliveries. More than half of survey respondents said they would buy more online if they knew shipments would be delivered by electric vehicle. read more
NOV 8, 2023 - 7:13 am
Ares Management served as the lead arranger and junior agent for $3 billion in asset-backed and operating company financing for Merchants Fleet as part of the acquisition by Bain Capital and the Merchants executive team. read more
MAY 8, 2023 - 9:54 am
Merchants Fleet, a fleet management company, expanded its lending capacity, more than doubling its ability to fund vehicles and equipment for its fleet and mobility clients throughout the United States. read more
FEB 10, 2023 - 7:00 am
Bain Capital and a wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA) signed a definitive agreement to acquire Merchants Automotive Group, which does business as Merchants Fleet and Merchants. read more
JUL 22, 2022 - 7:21 am