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The consolidation of specialty upfitting capacity across the United States has picked up as government fleet renewal programs maintain a steady pace.
Orange County, California-based LEHR, which describes itself as the nation's leading emergency vehicle upfitter, announced on July 13 the acquisition of the emergency vehicle upfitting assets of ProLogic ITS, extending its Southeast footprint and adding capabilities to serve federal agency fleets.
It is the company's tenth add-on acquisition. A tenth deal and what it signals about the upfitting market Ten add-on acquisitions by a single operator is a count worth reading against the broader cycle.
When a stated market leader reaches that milestone, the demand side has been running faster than organic capacity can serve, and acquiring capability becomes the more efficient path.
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