# Bain Capital and ADIA acquire Merchants Fleet

Bain Capital and a subsidiary of the Abu Dhabi Investment Authority (ADIA), along with the Merchants leadership team, have completed the acquisition of Merchants Fleet, a fleet management company. Financial terms were not disclosed.

- Type: Acquisition
- Announced: 2022-10-19
- Where: Hooksett, New Hampshire, United States
- Status: completed
- Products: fleet management services

## Companies

- [Bain Capital](https://endata.com/companies/1000.md) (acquirer)
- [Abu Dhabi Investment Authority](https://endata.com/companies/5100.md) (acquirer)
- [Merchants Fleet](https://endata.com/companies/65935.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/merchants-fleet-announces-completion-of-acquisition-by-bain-capital-adia-and-the-merchants-leadership-team-301653229.html), 2022-10-19: "Merchants Fleet, the nation's fastest growing fleet management company, today announced that Bain Capital and a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA), along with the Merchants Fleet leadership team, have completed the acquisition of Merchants Automotive Group."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.