Mill Point Capital, a private equity firm, has acquired Vehicle Management Solutions, a vehicle management services provider.
Mill Point has extensive experience investing in business services companies focused on government clients.
“The VMS transaction is an exceptional opportunity to acquire the preeminent player in a growing yet established industry while working with a world-class management team. I am confident that VMS will continue to be the leader in the vehicle management solutions space while driving innovation and executing on its growth initiatives,” commented Chris Hearing, partner of operations at Mill Point.