Capital Partners invests in Minimizer

Capital Partners invests in Minimizer

minimizer-logo

Capital Partners announced that it is investing in Minimizer, a truck parts and accessories manufacturer. According to the companies, the investment will fast-track Minimizer’s growth strategy, with the goal to expand product lines and support the rapid growth of the company, including investing in people, equipment and the development of additional capabilities.

“We are very excited about our new relationship with Capital Partners,” said Christopher Thorpe, chief executive officer and president of Minimizer. “Over the last six months, we conducted an exhaustive search for the right investor, one who shared our cultural beliefs and plans for growth over the next five years. Capital Partners is an ideal fit to help take Minimizer to the next level.”

Former Minimizer Chief Executive Officer Craig Kruckeberg will remain invested in the company and participate on the management board.

“This is the best of both worlds for me, personally. While I will remain very much involved with Minimizer, this partnership will allow me to pursue other interests, including the Bandit Big Rig Series,” Kruckeberg said. “As a second generation owner, I wanted a firm that knew our industry and has a history of looking after the people, so I was very happy we could move forward with Capital Partners.”

You May Also Like

Isaac Instruments celebrates 25 years

While marking a quarter-century in business, ISAAC instruments is also celebrating 10 years exclusively focused on helping fleets succeed.

logo-ISAAC-25-years

Isaac Instruments announced it is celebrating its 25th anniversary as a provider of telemetry data to the transportation industry. As part of the yearlong celebration, Isaac unveiled a 25th anniversary logo and is planning anniversary-themed giveaways at trucking industry events throughout 2024.

“Isaac Instruments has 25 years’ experience developing technology for vehicles, with many of these years focused on research and development of OEM prototypes,” explained Jacques DeLarochelliere, co-founder and chief executive officer of Isaac. “We were initially involved in projects that were extremely sophisticated and complex.”

Merchants Fleet hires AI expert Suzannah Hicks

Merchants Fleet says Hicks will work to implement AI-driven solutions to optimize operations, enhance efficiency and drive cost savings for the company and clients.

Merchants-Fleet-hires-AI-expert-Suzannah-Hicks
Noregon adds Fault Guidance, bi-directional testing to JPRO

The new JPRO update also includes an optional Technician as a Service (TaaS) add-on.

Noregon-JPRO-update
Powerfleet, MiX Telematics approved for business combination

The combination is expected to be complete in the first week of April, after which the businesses will be branded as Powerfleet.

Powerfleet-x-MiX-telematics-integration
Scania speeds up autonomous transport pilot program

Equipped with Plus, Scania has been testing its trucks in Sweden since 2021 — now it plans to expand operations throughout Europe, this year.

SCANIA-Logo-vector

Other Posts

IRS clarifies: RNG cleaning and conditioning equipment eligible for tax credit

RNG Coalition notes a correction to an investment tax credit proposal regarding RNG cleaning and conditioning equipment.

RNG-Coalition-logo-ITC-technical-correction
Stellantis and UFOFleet form partnership

Stellantis says it chose UFOFleet for its proven customer experience, flexible technology and deployments with leading global brands.

UFO-Fleet-Stellantis
SKF helps Maverick Transportation keep wheels attached

Having a wheel fly off while driving can be catastrophic, and SKF says TraX and Road Ready help catch issues early.

SKF-Road-Ready-TraX-wheel-telematics-Maverick-Transportation
FieldRoutes announces ServiceTitan Fleet Pro integration

The company says this integration helps customers to eliminate side jobs, prevent unsafe driving, maximize billable hours and more.

service-maintenance-data-generic-1400