'Patriarch’s strategy aligns well with American LaFrance’s loyalty and commitment to its customer base and we believe that under Patriarch’s guidance, American LaFrance will grow market share, achieve greater profitability and become a stronger partner to the fire and EMS community.'

'Patriarch Partners has a successful track record in complex industries and we felt they are a perfect fit with American LaFrance’s dedicated workforce and can-do attitude,' said Chris Patterson, Freightliner President and CEO. With use of Patriarch’s substantial capital and strategic expertise, Tilton said there exists an extraordinary opportunity to enhance the depth and breadth of the business that bears the well-established and respected American LaFrance name, and brings with it an experienced management team.

'We believe that our acquisition of the businesses and trademarks of American LaFrance affords us a platform with prodigious potential for expansion that already capitalizes upon a highly regarded and recognized player in this important and competitive market.' 'Patriarch is honored to make its entrance into the fire and emergency apparatus industry carrying the American LaFrance flag,' said Lynn Tilton, Chief Executive Officer and Founder of Patriarch. – Patriarch Partners, LLC, an investment firm based in New York and Charlotte, N.C., announced today that it has purchased American LaFrance from DaimlerChrysler’s Freightliner LLC. New Owner Proud to Carry the American LaFrance Flag

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