Kramer Levin Advises Waterfall Asset Management in Acquisition of Controlling Interest in Flex Fleet Rental

Category: Defining Matters
Date: Feb. 12, 2019
Title: Kramer Levin Advises Waterfall Asset Management in Acquisition of Controlling Interest in Flex Fleet Rental

Kramer Levin represented Waterfall Asset Management in connection with its acquisition of a controlling interest in Flex Fleet Rental, a leading provider of medium-term truck rentals to commercial customers. TRP Capital Partners, a transportation-focused private equity firm, made a strategic investment alongside Waterfall. The deal closed on Feb. 11, 2019.

In September 2023, Kramer Levin represented Waterfall Asset Management together with Flex Feet Rental in the sale of Flex Fleet Rental to Kaizen Automotive Group.