Vehicle Management Solutions Acquires South Chicago Operations of Rendered Services

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Summary

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 the assets of Rendered Services, Inc.’s South Chicago operations (the “Company” or “RSI South”). This strategic acquisition continues VMS’ mission of diversifying its footprint in the Greater Chicago Metro area and strengthening its position as an industry leader in vehicle management and towing services. By combining the collective expertise and resources of VMS and RSI South, we are confident in our ability to elevate the customer experience for our relocation clients.” 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. With a highly experienced staff, full fleet of trucks and equipment and state-of-the-art dispatching and GPS technology, Rendered Services is committed to ensuring the safety of its customers’ private properties. Mill Point’s experienced team of investors, Executive Partners and Functional Experts seek portfolio company value enhancement through rigorous implementation of transformative strategic initiatives and operational improvements.

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