Southfield Capital has completed the sale of TFS, an outsourced fleet manager for material handling equipment, to AEA Investors, the private equity firm said on 10 November 2026. Terms were not disclosed.
Why AEA Investors is buying TFS, Ltd.
TFS manages the entire equipment lifecycle for its customers under one contract, covering fleet management, data services and asset-light financing.
Deal terms and financing
Financial terms were not disclosed. Stifel was exclusive financial adviser and Finn Dixon & Herling legal counsel to Southfield and TFS.
Market context
Southfield, based in Greenwich, Connecticut, bought TFS from OnPoint Group in July 2024 and made three add-on acquisitions during its ownership.
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