Fleet Team expands with strategic acquisition of Forklift Training Systems
The addition of Forklift Training Systems positioned as allowing Fleet Team to take a more holistic approach to fleet management and reinforce its commitment to meeting the evolving needs of its client base.
Fleet Team, a fleet management and consulting company focused on optimizing logistics for facilities across a diverse market base, has announced its acquisition of Forklift Training Systems, headquartered in Newark, Ohio. This strategic transaction further diversifies Fleet Team to include operatortraining programs and safety products that complement the company’s existing client solutions portfolio.
The acquisition, which closed on March 28, 2024, aims to leverage the strengths of both companies while maintaining the individual identities that have contributed to their respective successes. The decision to acquire Forklift Training Systems was driven by its exceptional reputation in the training and safety services space with Fortune 500 companies.
The addition of Forklift Training Systems will allow Fleet Team to take a more holistic approach to fleet management and reinforce its commitment to meeting the evolving needs of its client base, the company explained. Doug Riddle, President of Fleet Team, said, “With safety being top-of-mind for us and our clients, acquiring Forklift Training Systems is the beginning of a symbiotic partnership. We are ecstatic to bring the Forklift Training Systems team on board and look forward to the opportunities this change will bring.”
David Hoover, President of Forklift Training Systems, will play a key role in providing safety and training leadership for both companies. “I am thrilled to build on the legacy I’ve established for Forklift Training Systems by gaining access to additional resources and collaboration from Fleet Team. With this change, our clients can still expect to receive the same exceptional service they know and trust, but now with access to additional resources.”
Fleet Team is headquartered in Cleveland, Ohio, with 625+ client sites, 300+ supplier relationships and 25K globally managed assets. Forklift Training Systems provides industry-leading, OSHA-compliant safety training for operators and trainers of material handling equipment and mobile elevating work platforms, along with an extensive supply of safety products.
