Tidewater Fleet Supply, LLC
Tidewater Fleet Supply, LLC (“TFS”) is a leading independent distributor of brand name automotive, truck and heavy equipment parts to commercial and governmental customers throughout Southeastern Virginia, Central Virginia and Northeastern North Carolina. The Company operates five warehouses throughout Virginia, and also manages the parts procurement for multiple municipalities and large corporations under multi-year contracts. TFS is a “one-stop shop” for its customers across a broad spectrum of vehicles, including light- and medium-duty products, as well as heavy-duty truck products. The Company offers hourly delivery service to most of its customers by utilizing its fleet of delivery trucks, creating a unique “just-in-time” delivery model that is highly convenient for its customers.
Tidewater Fleet Supply has been named to the Inc. Magazine’s 2014 “Inc. 5000” ranking of the fastest-growing private companies in the U.S. and was also recognized on the list in 2007, 2012 and 2013.
Marriott & Co. acted as the exclusive financial advisor to Tidewater Fleet Supply on this transaction.