96 Business View - January 2015
commitment to growth. Total Fleet Solutions is owned
in majority by a private equity firm – CI Capital Part-
ners – which Parent said makes it somewhat unique
in the material handling space and more aggressive
in pursuing investments in people, technology and ac-
quisitions.
Five such acquisitions, in fact, have been made in the
last 24 months, with the largest coming in the form of
the Miner Corp., a San Antonio, Texas-based company
that delivers mission-critical facilities services and
asset management solutions for retail, distribution,
manufacturing, healthcare and hospitality companies;
specializing in doors, docks, glass, locks, waste equip-
ment, material handling, etc.
“We want to grow both organically and via acquisition,”
Parent said.
“If there are companies out there that provide high
quality services in this space that would add value to
our customers – we would consider acquiring them as
opposed to hiring their people or competing with them.
It is much faster and economical to acquire than build
in some cases. We target companies that we can add
technology, people, capital, etc. to that result in a win-
win situation for the buyer, seller, customer and em-
ployees. We see ourselves being somebody that wants
to continue to grow and add more capabilities for our
customers. If we find a company that we think would
be a nice offering for our customer base or our pros-
pect base, we attack it with passion.”
The enterprise-wide workforce now numbers in at
about 900 people across 25 states. Additionally,
25,000 entities – labeled as vendors, affiliates, part-
ners or subcontractors – are utilized around the coun-
try. The corporate aim, Parent said, is to have an em-
ployee presence in all 50 states within five years. “We
spend a significant amount of time in every one of our
LOGISTICS
