TINLEY PARK, Ill.--(BUSINESS WIRE)--

Vehicle Management Solutions LLC ("VMS"), a portfolio company of Mill Point Capital LLC ("Mill Point"), announced today the acquisition of AutoBase Inc. ("AutoBase" or the "Company"), a national provider of safety service patrol and traffic incident management services with operations spanning the Midwest, Northeast and Southeast regions.

AutoBase partners with state Departments of Transportation ("DOTs") to provide essential highway services, including motorist assistance, vehicle accident response and removal of disabled vehicles and roadway debris. These services are critical in enhancing roadway safety, reducing congestion and restoring traffic flow. The acquisition marks a transformational step in VMS' growth strategy, strengthening its offering in the Safety Service Patrol ("SSP") segment and expanding its ability to serve state and municipal agencies nationwide.

"We are thrilled to welcome AutoBase into the VMS family. AutoBase's demonstrated track record, long-standing customer relationships and proven operational excellence align with our mission to keep streets, roads and highways operating safely and efficiently,” said Kevin Corcoran, Chief Executive Officer of VMS.

The combination of VMS and AutoBase unites two organizations with shared values and complementary strengths, creating a more diversified platform with expanded geographic reach and enhanced technical and operational capabilities. VMS will now serve clients in 22 states, providing a flexible, scalable foundation to meet the evolving needs of state and local transportation agencies.

“AutoBase accelerates VMS' momentum in traffic incident management at an ideal time. With broader route coverage and the increasing adoption and outsourcing of SSP programs, this partnership positions us to capitalize on powerful market tailwinds," remarked Dustin Smith, Managing Partner at Mill Point.

Mark Paolano, Partner at Mill Point, added, “This acquisition represents a pivotal milestone in VMS’ evolution as a leading vehicle management platform. We are excited to partner with AutoBase to create a stronger, more resilient platform focused on delivering comprehensive roadway safety solutions across a broad footprint.”

“We believe AutoBase is a natural strategic fit for VMS,” concluded Sebastian Bustamante, Principal at Mill Point Capital. “The acquisition expands our SSP capabilities, strengthens our service offering and further enhances the value we deliver to our DOT partners nationwide.”

About Vehicle Management Solutions

Headquartered in Tinley Park, IL, VMS is a leading provider of end-to-end vehicle management solutions including dispatch, vehicle storage and traffic incident management. VMS’s mission is to keep streets, roads and highways moving safely and efficiently. With a nationwide presence, VMS focuses on building long-term relationships with states, municipalities, law enforcement agencies, insurance companies, logistics companies and various other clients to serve their communities. For more information, please visit www.vmsolutions.com.

About AutoBase Inc.

AutoBase is a national provider of safety service patrol and traffic incident management services with operations across nine states across the Midwest, Northeast and Southeast regions. AutoBase partners with state Departments of Transportation to provide critical highway services aimed at maintaining safety and restoring traffic flow on public roadways. For more information, please visit www.autobasecorp.com.

About Mill Point Capital

Mill Point Capital LLC is a private equity firm focused on control investments in lower-middle market companies across the Business Services, Industrials and IT Services sectors throughout North America. Mill Point’s experienced team of investment professionals, Executive Partners and Functional Experts seeks portfolio company value enhancement through rigorous implementation of transformative strategic initiatives and operational improvements. Mill Point is based in New York, NY. For more information, please visit www.millpoint.com.

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Source: Mill Point Capital LLC