Vehicle Management Solutions Expands Operations in Chicago Area
Vehicle Management Solutions Expands Operations in Chicago Area
Vehicle Management Solutions (VMS), a prominent portfolio company of Mill Point Capital LLC, has made significant strides in enhancing its operational capabilities by acquiring All Area W&W Towing, Inc., a well-regarded regional provider of municipal towing and recovery services.
Strategic Acquisition to Broaden Service Offerings
This acquisition underscores VMS's dedication to expanding its range of services and geographic presence within the vehicle management sector. With W&W's inclusion, VMS aims to strengthen its footprint in cities like Harvey, Markham, Matteson, and Sauk Village, enhancing its reputation as a leader in vehicle recovery, storage, and management solutions.
Welcoming All Area W&W Towing
Kevin Corcoran, the Chief Executive Officer of Vehicle Management Solutions, expressed his enthusiasm about this partnership, stating, "We are excited to welcome All Area W&W Towing into the VMS family. Our deep roots in the Chicago market make this expansion particularly significant for us. W&W has built a strong reputation for service excellence and a deep connection with its community, which we are eager to incorporate into our services."
Shared Values and Commitment
Early Walker, owner of All Area W&W Towing, shared similar sentiments, highlighting the compatibility of both companies’ values. "Joining forces with Vehicle Management Solutions is a natural fit for us. Our focus on quality, reliability, and customer satisfaction positions us well in this venture, allowing us to provide best-in-class wrecker and recovery services while extending our collective expertise."
About Vehicle Management Solutions
Headquartered in Tinley Park, IL, Vehicle Management Solutions stands as a leading provider of end-to-end vehicle management solutions. This includes dispatch systems, vehicle storage, and traffic incident management. VMS is dedicated to maintaining efficient and safe roadways, operating across 16 states and fostering long-term relationships with municipalities, law enforcement, insurance companies, logistics firms, and various community stakeholders.
About All Area W&W Towing
All Area W&W Towing is recognized for its excellent vehicle recovery services throughout Cook County, IL. With over a decade of service, the company prioritizes safety and satisfaction, offering professional and timely towing solutions to meet community needs.
About Mill Point Capital LLC
Mill Point Capital is a private equity firm with a focus on investments in the lower-middle market across Business Services, Industrials, and IT Services in North America. Their expert team is committed to enhancing portfolio value through strategic initiatives and operational enhancements, working diligently from their base in New York, NY.
Frequently Asked Questions
What is the purpose of Vehicle Management Solutions' acquisition?
The acquisition aims to enhance VMS's service offerings and expand its geographic presence in the vehicle management industry.
How does VMS plan to integrate W&W's operations?
VMS intends to merge W&W's expertise with its existing capabilities to improve customer service and operational efficiency.
What impact will the acquisition have on service areas?
The acquisition will extend VMS’s service areas into cities such as Harvey, Markham, Matteson, and Sauk Village.
What values do VMS and W&W share?
Both companies emphasize quality, reliability, and customer satisfaction in their services.
Who leads Vehicle Management Solutions?
The company is led by Chief Executive Officer Kevin Corcoran, who has been strategic in its growth and operations.
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