True North Expands Midwest Footprint in Fleet Services Consolidation
- 6 partnerships in just over six months since True North's launch
- $4 billion in assets managed by Garnett Station Partners, backing True North's expansion
- 2004 founding year of Miles Truck Services, bringing 20 years of regional expertise to the partnership
Experts would likely conclude that True North's aggressive consolidation strategy, backed by substantial private equity investment, is effectively positioning it as a national leader in the fragmented fleet maintenance industry, with the Midwest expansion marking a key strategic milestone.
True North Drives Midwest Expansion with Miles Truck Services Partnership
GLEN MILLS, Pa. – May 19, 2026 – In a significant move that extends its national reach into the American heartland, True North Fleet Services announced today its new partnership with Miles Truck Services. The deal with the Indiana-based truck and trailer repair leader marks a strategic entry into the Midwest for the rapidly growing national platform, signaling a continued, aggressive consolidation in the highly fragmented fleet maintenance industry.
True North, a national collective of premier fleet maintenance and repair providers, is adding Miles Truck Services—with its facilities in Elkhart, Indiana, and Niles, Michigan—to its expanding portfolio. This partnership is the sixth for True North since its launch just over six months ago, highlighting a fast-paced acquisition strategy designed to build a comprehensive, coast-to-coast service network.
A National Platform's Aggressive Growth
Backed by New York-based principal investment firm Garnett Station Partners, which manages approximately $4 billion in assets, True North Fleet Services was launched in November 2025 with a clear mission: to unite best-in-class, founder-led repair businesses under a single, technologically advanced platform. The strategy involves providing partners with significant capital, advanced systems, and robust back-office support to accelerate growth while preserving the local expertise and customer relationships built over decades.
The partnership with Miles Truck Services is the latest step in a methodical national rollout. True North’s expansion began in November 2025 with the inclusion of Billy Bob’s Repair & Tire in San Antonio, Texas, and PennFleet in Philadelphia, Pennsylvania. The momentum continued into December with the addition of two Georgia-based operators, Elite Diesel and Myles Truck Repair. By March 2026, the platform diversified further by partnering with Total Tire Solutions in Baton Rouge, Louisiana, expanding its capabilities in tire services and agricultural vehicle repair.
Gary Price, CEO of True North Fleet Services, emphasized the strategic importance of the latest deal. “Expanding True North into the American Midwest marks an important strategic milestone for our platform, and we’re thrilled to find the perfect partner in the region with Mike Mannell and his team at Miles,” Price stated. “The Company’s long-standing relationships with municipal fleet customers throughout the region are a testament to the business’s exceptional track record and consistency.”
Miles Truck Services: A Regional Leader Joins a National Network
Founded in 2004 by Mike Mannell, Miles Truck Services has cultivated a strong reputation over two decades for delivering high-quality, reliable repair and maintenance across Northern Indiana and Southern Michigan. The company operates as a full-service provider for both private commercial fleets and critical municipal vehicles, offering a comprehensive suite of services. These capabilities range from preventative maintenance and DOT inspections to complex hydraulic repairs, transmission service, and 24-hour emergency roadside assistance via its mobile response team.
For Miles, the partnership represents a significant opportunity to scale its operations and enhance its service offerings. By joining the True North platform, the company gains immediate access to capital for investment in new technologies and equipment, as well as centralized support for functions like human resources, finance, and marketing. This infusion of resources is intended to strengthen Miles' leadership position in the Midwest and support its long-term growth ambitions.
“Our partnership with True North represents the beginning of an exciting new chapter for Miles and creates meaningful opportunities for both our employees and customers,” said Mr. Mannell. “From our earliest conversations with Gary and the True North team, it was clear they share our long-term vision for growth and understand the culture and customer-first approach that have defined our business for more than two decades.”
The Private Equity Playbook in Action
The rapid expansion of True North is a direct result of the strategic vision and financial power of Garnett Station Partners. The investment firm employs a proven “platform model” to identify and consolidate fragmented industries, particularly within the services sector. This strategy involves creating a parent platform—in this case, True North—and using it as a vehicle for acquiring successful regional companies.
This playbook is not unique to fleet services within Garnett Station's portfolio. The firm has successfully launched similar platforms in other commercial service industries, including Skybound Service Partners for commercial roofing and Grizzly MEP for mechanical, electrical, and plumbing services. By applying this model, Garnett Station aims to create synergies, drive operational efficiencies, and build national leaders in industries traditionally dominated by smaller, local players. The firm's deep capital reserves enable its platforms to pursue an aggressive acquisition pace that would be impossible for a standalone company.
Enhancing Fleet Readiness Across the American Heartland
The implications of this partnership extend beyond corporate balance sheets to the highways and service routes of the Midwest. For fleet managers in Indiana and Michigan, the collaboration between True North and Miles promises an elevated level of service. The combination of Miles’ deep local expertise and True North’s technological and financial resources is poised to enhance repair quality, reduce vehicle downtime, and improve overall fleet efficiency.
This is particularly critical for the municipal fleets, including essential public service vehicles, that rely on Miles for consistent and timely maintenance. The ability to invest in advanced diagnostics, better training for technicians, and more sophisticated data systems can directly translate into more reliable and cost-effective operations for cities and towns in the region. As the logistics and transportation sectors continue to face pressure to perform, the reliability of their maintenance partners becomes paramount. True North’s CEO looks forward to the next steps, stating, “I look forward to working closely with the Miles team to help build on their successes by driving sustainable growth and making sure every Miles-serviced vehicle is Road Ready for what comes next.”
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