United Road was the first in its industry to receive the U.S. Environmental Protection Agencys Smartway certification for its focus on emerging technologies supporting environmental improvement. The information included in this site is property of United Road Towing, Inc. The United Road Family of Companies is the industry leader in providing vehicle and heavy-haul transportation services, shipping over 4 million units annually throughout the United States and Canada through our affiliated companies (collectively, United Road): Our best-in-class technology and unparalleled service make vehicle transport logistics seamless, smart, and simple. United Road is well positioned for continued growth in the new and remarketed vehicle segments. Signature Towing. Broker Opportunity. Acquired by Mill Point Capital LLC (Investor) on 2022-07-26 United Road Towing United Road Towing, Inc. 18861 90th Avenue, Suite E, Mokena, Illinois 60448 United States, (708) 390-2200 CHICAGO United Road Towing, Inc., a Mokena, Ill.-based towing company, will pay $380,000 to 13 claimants and provide other relief resolving a disability discrimination This is Mill Point Capitals 2nd transaction in the Transportation sector. Carlyle has expertise in various industries, including: aerospace, defenses & government services, consumer & retail, energy, financial services, healthcare, industrial, real estate, technology & business services, telecommunications & media and transportation. The success of these initiatives has resulted in a very successful investment for our investors, and we believe the company has both the, people and the structure to support ongoing growth under new ownership., United Roads goal is to be the supplier and employer of choice in the finished vehicle logistics industry, said, COO Anderson. To our partnership with Kathleen and her team, well bring Carlyles deep transportation experience and network, which we believe will contribute meaningfully to United Roads continued growth trajectory., It was a true privilege for Charlesbank to partner with United Road during this phase of its growth, said Michael Choe, Managing Director and CEO of Charlesbank Capital Partners. Carlyle invests across four segments Corporate Private Equity, Real Assets, Global Market Strategies and Investment Solutions in Africa, Asia, Australia, Europe, the Middle East, North America and South America. Mark Anderson President & CEO Read Biography Unfortunately for proposed class members, Chicago, the suit says, has a policy and practice of declining to send a second notice to registered owners, which the complaint alleges serves to allow for the sale of the cars to United Road Towing and for the defendants to profit. Our strategic growth platform was really turbocharged in late 2012 when we were acquired by Charlesbank. United Road Towing, Inc. provides vehicle towing services. We would like you to provide daily rate bids (based on 10-12 hour work days) to service us with 2 car carriers, 3 car carriers, 4 car carriers, auto loader tow trucks, and landolls. After multiple inquires, the plaintiff was informed her car, on which she relied for her job as a rideshare driver, was immobilized and impounded by the city as a result of the unpaid traffic tickets, the case relays. Headquartered in Romulus, Michigan, with service centers across the U.S. and Canada the company operates an integrated national network, has 1,700 employees and more than 6,000 owned and contracted vehicle carriers. The company help organizations recover from any worst-case scenario, whether it is a disaster, simple human error, a stolen laptop, ransomware, or an as-of-yet undiscovered calamity. SEARCH BY. Business Profile for United Towing. United Road Towing, Inc. is the leader in towing, recovery, impound, and vehicle management solutions in both the private and public sectors. The Carlyle Groups global reach and expertise coupled with its reputation for helping companies thrive, makes it an exceptional investor partner for United Road, said Ms. McCann will continue as CEO of United Road. For more information, visit www.charlesbank.com. The Firm will consider opportunities throughout North American and generally looks to invest $15 to $80 million in companies valued up to $250 million. 7-Day Free Trial. In many events additional help is needed to recover and or tow in insurance total loss vehicles to our customers' facilities. After another inquiry with the city, the plaintiff was told her car had been sold and she could not get it back, the lawsuit says. Equity for this transaction came from Carlyle Equity Opportunity Fund II, a $2.4 billion fund that invests in middle-market companies in the U.S. United Road and Charlesbank were represented by RBC Capital Markets and William Blair in this transaction. Its patented, industry-leading OVISS logistics system provides efficient routing, loadbuilding and real time order visibility for customers. United Road Towing engages in towing, recovery, impound, and vehicle management solutions in both the private and public sectors. Prior to December 2016, the woman received by mail several traffic citations from the city that were sent to the address at which her vehicle was registered and then automatically forwarded to her address in Chicago, the lawsuit says. Redefining The Towing Experience United Road Towing is currently looking for towing service providers to assist us as brokers within our Disaster Support and Response Team. ABOUT THE CARLYLE GROUP The Carlyle Group (NASDAQ: CG) is a global alternative asset manager with $170 billion of assets under management across 299 investment vehicles as of June 30, 2017. Rather than apply the proceeds from the sale of a vehicle to the amounts apparently owed by its owner for, say, traffic tickets or impound fees, Chicago instead keeps the money and requires proposed class members to pay the full amount of the ticket, fees, and late penalties, and any applicable collection costs and attorneys fees, the suit claims. LETTER OF APPRICIATION STEVE HEALY GENERAL MANAGER AND STAFF URVMS METRO NASHVILLE IMPOUND FACILITY, MassDOT and MAPFRE Insurance Announce Highway Assistance Program Sponsorship Contract, New URVMS Vehicle Storage Facility in El Paso, Texas. Equity for this transaction came from Carlyle Equity Opportunity Fund II, a $2.4 billion fund that invests in middle-market companies in the U.S. Customers include all major global vehicle manufacturers, remarketers, financial institutions, car auctions, car dealers, rental companies and on-line sales organizations. At-a-glance. United Road Towing's revenue is $230.0 Million - Learn more about United Road Towing's revenue by exploring their annual revenue, historical revenue, quarterly revenue, and revenue per employee. Its patented, industry-leading OVISS logistics system provides efficient routing, loadbuilding and real time order visibility for customers. Doing Business As: U R T. Company Description: Key Principal: Gerald J Corcoran See more contacts. Freeway Service Patrol Program - More Stories Quality Towing Participates in Charity Touch-A-Truck Event. United Road Towing provides towing, recovery, impound, and vehicle management solutions for the automotive industry. www.unitedroadtowing.com. From Los Angeles to Boston, our regional presence provides consistent, high quality towing services to customers within our operating regions. The suit aims to cover anyone who had a car impounded and disposed of by Chicago pursuant to the citys municipal code. CHICAGO United Road Towing, one of the nation's largest towing companies, violated federal anti-discrimination law by enforcing an inflexible medical leave policy, the U.S. Carlyle invests across four segments Corporate Private Equity, Real Assets, Global Market Strategies and Investment Solutions in Africa, Asia, Australia, Europe, the Middle East, North America and South America. The same month, the case says, the plaintiff left the country for approximately nine days, and parked her vehicle legally in the city prior to leaving. Jeff Finley. Affordable Towing Towing Automotive Roadside Service Auto Transmission Directions Services More Info 5 YEARS WITH (615) 447-8005 260 W Main St, Ste 106B Hendersonville, TN 37075 OPEN 24 Hours From Business: 24 Hour Towing. Read our Newswire Disclaimer. In the US, the company has a notable market share in at least one industry: Automobile Towing, where they account for an estimated 0.1% of total industry revenue and are considered an All Star because they display stronger market share, profit and revenue growth compared to their peers. Our strengths are our dedicated team, great customers, geographic reach and our technology. For more information, please visit www.carlyle.com. Founded in 1997, United Road offers unparalleled service to significant automakers, manufacturers, remarketers, financial institutions, leasing companies, auctioneers, dealers, retail, and single individuals. Medley Capital Corp., a lender and current majority owner of United Road Towing Inc., has won a bankruptcy auction for the towing business with a top bid of $39.9 million. Through an extensive portfolio of local and Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone. After United Road towing purchases an impounded vehicle from the city, the company will either scrap the car, and any personal possessions therein, or resell it for far more than it paid, the lawsuit alleges. United Road Towing has 1,200 employees, of which 3 are in a leadership position. New cases and investigations, settlement deadlines, and news straight to your inbox. 60448 The Carlyle Groups global reach and expertise coupled with its reputation for helping companies thrive, makes it an exceptional investor partner for United Road, said Kathleen McCann, Chairman and CEO of United Road Services. Since 2012 United Road Services has diversified and expanded its customer base and market reach, enhanced its owned vehicle transport fleet, formed even more strategic partnerships with owner operators and third party carriers, and grown its national sales and customer service capacity, among other strategies. We have enjoyed working with Kathleen, Mark and the rest of the team to execute on key elements of our investment thesis, including implementing its national remarketed strategy, accelerating asset-light revenue growth and maximizing its technology platform to improve route efficiency. Our car haulers are extensively vetted and we provide the highest insurance standards, as well as supplying industry intel to fuel our customers growth. Mill Point Capital is based in New York City. This is Mill Point Capitals 2nd transaction in Illinois. With an unprecedented national reach of over 90 terminals covering every corner of the United States 's Towing makes it a huge priority For more information, please visit, The Carlyle Group (NASDAQ: CG) is a global alternative asset manager with $170 billion of assets under management across 299 investment vehicles as of June 30, 2017. They provided the capital, support and encouragement to expand our reach and capabilities, both organically and through the acquisition of a major competitor, which gave us a deeper presence in the southeast and southwest U.S. Today our fabulous team is on track to move north of 3.5 million vehicles in 2017 up from 1.5 million in 2012., It was a true privilege for Charlesbank to partner with United Road during this phase of its growth, said Michael Choe, Managing Director and CEO of Charlesbank Capital Partners. https://www.wsj.com/articles/united-road-towing-owner-medley-capital-wins-bankruptcy-auction-1492024047. Through an extensive portfolio of local and regional brands, the company dispatches approximately 500,000 tows, manages over 300,000 impounds and sells over 60,000 vehicles annually across the United States. Before commenting, please review our comment policy. City of Chicago URT United Road Towing, Inc. New to ClassAction.org? Popular Searches. United Road is the industry leader in providing vehicle transportation services. Sectors of interest include industrial and business services. United Road Towing engages in towing, recovery, impound, and vehicle management solutions in both the private and public sectors. Last Updated on October 21, 2020 4:54 PM. A 2005 amendment to Section 4-208 created a process that required the city to provide the registered owner of a vehicle with multiple notices prior to discarding an impounded car, the suit says. $359.2 M. Customers include all major global vehicle manufacturers, remarketers, financial institutions, car auctions, car dealers, rental companies and on-line sales organizations. Filed August 24 in Illinois federal court, the 26-page lawsuit further alleges that aside from their failure to provide adequate notice to the owners of vehicles that are towed and Carlyle has expertise in various industries, including: aerospace, defenses & government services, consumer & retail, energy, financial services, healthcare, industrial, real estate, technology & business services, telecommunications & media and transportation. Led by a team of industry leaders and experts from across auto transport, supply chain and logistics, United Road goes the extra mile to ensure customer safety, satisfaction and solutions. Charlesbank focuses on management-led buy-outs and growth capital financings, typically of companies with enterprise value of between $150 million to $1.5 billion, and also engages in opportunistic credit investments. United Road Towing has acquired 1 company of its own. Per the suit, the plaintiff was also informed the proceeds from the sale of the car were not applied to the amounts she owed in traffic tickets and fees or impound costs, and that nothing could be done with regard to her personal effects in the trunk: According to the lawsuit, the plaintiff was evicted from her apartment as a result of losing her income related to her work as a rideshare driver. For more information, please visit, Based in Boston and New York, Charlesbank Capital Partners is a middle-market private equity investment firm managing more than $3.4 billion of capital. We have a nationally integrated network of providers and a proprietary technology platform that together give us the flexibility to respond quickly to customers needs. East Lansing, Michigan. Postal Services to have her mail forwarded to her new residence in the city. The success of these initiatives has resulted in a very successful investment for our investors, and we believe the company has both the people and the structure to support ongoing growth under new ownership., United Roads goal is to be the supplier and employer of choice in the finished vehicle logistics industry, said COO Anderson. Try For Free United Road Towing, Inc. acquires Rapid Recovery, Inc. URT names Driver and Support Person of the Year, United Road Towing Supports National Truck Driver Appreciation Day, United Road Towing Adds a New Service Offering To Address Challenges Facing Towing Industry. This combination of talent and trust is what drives United Roads success today and will continue to. United Road is well positioned for continued growth in the new and, remarketed vehicle segments. Each year, coast to coast and across borders, United Road manages the transport of more than 3 million vehicles. To send inquiries, including feedback, requests for information, and questions regarding public relations, you can use our Feedback and Inquiries form Name & Title Bio It offers services like services municipal solutions, vehicle sales, commercial services, private property, fleet services, and more. Charlesbank focuses on management-led buy-outs and growth capital financings, typically of companies with enterprise value of between $150 million to $1.5 billion, and also engages in opportunistic credit investments. In early December 2016, the plaintiff paid Chicago $800 of the roughly $1,500 she supposedly owed for unpaid traffic citations and related charges, per the suit. Further, the case alleges, Chicago does not consider the age, condition or value of impounded vehicles, and sells the cars to United Road Towing for the scrap value, which is often only a fraction of what the vehicles are worth. United Road And United Road Services, Inc. USDOT 790261 - United Road Towing is looking for talented individuals to join our service network. Carlyle Managing Director Adam Glucksman said, United Roads growth in recent years is a testament to its superb leadership and quality customer service. To send inquiries, including feedback, requests for information, and questions regarding public relations, you can use our feedback and inquiries form. close alert. Founded in 1998, United Road Services is the premier finished vehicle logistics company in North America. We want passionate, hard-working and smart people on our team; we work hard to ensure our customers trust United Road to move their cars safely, on-time and damage-free. United Road Towing was founded in 2005 and is based in Mokena, Illinois. Contact Us. Mark Anderson will continue as President and COO and the balance of the current management team will remain in place. ls regarding the transaction were not disclosed. To connect with United Road Towing employee register on SignalHire. The proposed sale price includes a pledge to forgive $16 million in debt Medley is owed, according to papers filed Tuesday with the bankruptcy court in Wilmington, Del. Search 175,342 Deals Now. United Road Towing, headquartered in Mokena, Illinois, is a towing company and is a provider of equipment towing and recovery services with operating locations across the United States. We want passionate, hard-working and smart people on our team; we work hard to ensure our customers trust United Road to move their cars safely, on-time and damage-free. Revenue. United Road Towing, Inc. GoodBuy Auto Auctions; UR Vehicle Management Solutions; URT-South Florida. Overview. For United Road, Patricia McCarthy, 313-418-4155 patty@prmccarthy.com, For The Carlyle Group, Liz Gill, 202-729-5385Elizabeth.gill@carlyle.com, For Charlesbank, Maura Turner, 617-619-5457MTurner@charlesbank.com, The Carlyle Group Acquires United Road Services, Provider of Finished Vehicle Transport and Logistics in North America. Our strengths are our dedicated team, great customers, geographic reach and our technology. Northside Towing & Service Contacts. ABOUT CHARLESBANK CAPITAL PARTNERS, LLCBased in Boston and New York, Charlesbank Capital Partners is a middle-market private equity investment firm managing more than $3.4 billion of capital. Acquired by Milestone Partners Mokena, Illinois, United States 501-1000 Private unitedroadtowing.com 243,789 Highlights Contacts 33 Employee Profiles 1 Similar Companies 3 Recent News & Activity News Feb 26, 2020 Type Private Status Active HQ Mokena, IL, US | view all locations Website https://unitedroadtowing.com/ Mill Point Capital is a private equity firm focused on buyouts of established middle-market companies with strong track records. Visit Website The firm seeks to partner with strong management teams to build companies with sustainable competitive advantage and excellent prospects for growth. Global alternative asset manager The Carlyle Group (NASDAQ: CG) today announced its acquisition of United Road Services from Charlesbank Capital Partners LLC. CrashPlan provides peace of mind through secure, scalable, and straightforward endpoint data backup. Read more here: Camp Lejeune Lawsuit Claims. CrashPlan continues to innovate as the work landscape evolves, making CrashPlan foundational to organizations data security. This browser does not support PDFs. Industry: Support Activities for Road Transportation , Support Activities for Carlyles purpose is to invest wisely ad create value on behalf of its investors, many of whom are public pensions. United Road Towing was founded in 2005 and is based in Mokena, Illinois. Illinois Transportation with Acquisitions, Illinois Transportation with Divestitures, Recently Acquired Transportation Companies, Recently Acquired United States Companies, M&A research that takes seconds (not all afternoon), Better understand your customers and prospects. A class action alleges Chicago and United Road Towing have failed to provide sufficient notice and compensation to those whose vehicles were towed, impounded and scrapped, sold or destroyed. Our strategic growth platform was really turbocharged in late 2012 when we were acquired by Charlesbank. Click the link to register for the drawinghttps://www.Ranchhand.com/rhbtbrgiveawayPlease take a moment to subscribe to my channel! This combination of talent and trust is what drives United Roads success today and will continue to do so into the future.. Its data security solution is a product of Code42, an industry leader protecting the critical data of more than 50,000 world-class organizations, including the largest global brands. 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