Mill Point Capital Acquires Vehicle Management Solutions Provider URT United Road Towing.

MANews-(C)2009-2022

New York-based private equity firm Mill Point Capital LLC has acquired Illinois, US-based vehicle management solutions provider URT United Road Towing, Inc. (VMS), the company said.

Terms of the transaction were not disclosed.

The VMS transaction allows the company to expand in the vehicle management solutions space while driving innovation and executing on its growth initiatives.

Mill Point Capital LLC is focussed on control-oriented investments in the business services, industrials and IT services sectors in North America.

Mill Point employs an Executive Partner model and has extensive experience...

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