Vehicle Management Solutions Acquires South Chicago Operations of Rendered Services

VMS Reinforces Position as a Leading Provider of Relocation Towing in the Chicago Market

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 integrating the South Chicago operations of Rendered Services, VMS is poised to enhance its operational efficiency and better serve its private property relocation customers in the region.

“We are excited to welcome RSI South to the VMS family,” said Kevin Corcoran, CEO of VMS. “This acquisition reflects our commitment to growth and our dedication to offering unparalleled service to our clients. 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.”

About Vehicle Management Solutions LLC

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’ mission is to keep streets, roads and highways moving safely and effectively. With a nationwide presence across 16 states, 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 Rendered Services, Inc.

Rendered Services is Chicago’s premier commercial relocation management provider, serving over 15,000 customers over the past 40 years. 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.

About Mill Point Capital LLC

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 investors, Executive Partners and Functional Experts seek 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.