New York, New York, Nov. 03, 2025 (GLOBE NEWSWIRE) -- Oak Hill Advisors ("OHA") served as Administrative Agent and Lead Left Arranger for a private unitranche financing supporting the recapitalization and merger of FleetPride, Inc. ("FleetPride") with TruckPro, LLC ("TruckPro"), the two largest distributors of aftermarket parts for heavy-duty trucks in the United States. FleetPride is a portfolio company of American Securities.

OHA is the largest holder of the newly raised debt facility, reinforcing its long-standing relationship with FleetPride as a lender to the company for over a decade. Leveraging its fundamental understanding of the business, deep expertise in the automotive aftermarket sector and trusted partnership with the sponsor, OHA was able to deliver strategic insights and executed the financing with speed and precision.

"We are pleased to support the merger of these two industry-leading businesses, reflecting our continued conviction in American Securities' strategic vision for FleetPride," said Eric Muller, Partner and Portfolio Manager at OHA. "This transaction will unlock significant operational and cost synergies, enabling the combined business ...