×

National Truck Protection Signs Partnership Agreement with Lonestar Truck Group

Lonestar Truck Group to Offer Warranties on All Its Trucks

CRANFORD, N.J.--(BUSINESS WIRE)-- National Truck Protection Inc. (NTP), North America’s leading independent provider of extended service contracts to the trucking industry, today announced that the company signed a partnership agreement with Lonestar Truck Group to exclusively offer NTP extended service contracts to its customers. The agreement marks an important expansion of the relationship between the two companies.

“We are delighted to form this strategic alliance with Lonestar and look forward to building a long lasting partnership providing their customers with the most comprehensive and trusted warranty in the marketplace,” said Robert S. Amico, president of NTP. “Lonestar clearly understands the importance and value this critical protection affords their customers with 24/7/365 claims & breakdown support as well as access to over 3,000 repair facilities nationwide. We sincerely look forward to extending NTP’s quality customer service and ironclad coverage to all of Lonestar’s customers.”

“After conducting a detailed competitive review, we felt NTP’s values and reputation were very much in alignment with our three guiding principles, do your best, do what’s right, and treat others the way you that you want to be treated,” said Dan Stevens, CEO of Lonestar Truck Group. “We take pride in taking care of our customers, and want to ensure we provide them with the highest quality warranty and customized coverage plans available, and we believe the program NTP designed for us is the best in the industry. In addition, we look forward to being able to utilize their dealer portal and automated online system to process all of our inspections and contracts”.

About NTP Inc.

NTP Inc., based in Cranford, NJ, is the leading independent provider of warranty and service contracts to the North American trucking industry. NTP, celebrating its 28th year, provides private label warranties to major OEMs as well as extended service contracts to the used truck segment through its extensive network of corporate and independent dealers. NTP provides the most comprehensive repair and breakdown management services in the industry. For information, please visit www.ntpwarranty.com

NTP is a portfolio company of Palladian Capital Partners LLC, a New York based private equity firm. Palladian teams with management in the middle market segment. Visit www.palladiancap.com for additional information.

NTP is an Accredited Member of the Better Business Bureau. Please visit www.bbb.org for the latest ratings.

About Lonestar Truck Group

Lonestar Truck Group, with 11 dealerships across Texas, Louisiana, and New Mexico, is a leading provider of new and used trucks and trailers (Class 3-8 Freightliner & Western Star). In addition, Lonestar has an experienced staff of factory-trained, certified technicians providing service and each dealerships is stocked with only top-quality, brand-name parts like Alliance, Meritor, Eaton, Fuller, Bendix, Detroit, Cat and Cummins to name a few.

Steve Gerber, 908-592-0104
Director of Marketing, NTP
Steven.Gerber@NTPwarranty.com

Source: National Truck Protection Inc.