Milestone Equipment Holdings, LLC was founded by Robert Thull in 1995. Milestone began acquiring intermodal fleets for its own portfolio and managed and leased equipment on behalf of institutional and private investors including banks, partnerships and other leasing companies.
In 2004, Mr. Thull acquired the majority ownership of Personal Attention Leasing, LLC a trailer leasing company. In 2011 Blackstone, a private equity firm, purchased 80% of Milestone. In 2015, Blackstone sold their interest in Milestone to Wood Creek Capital Management, which is wholly owned by Mass Mutual. The subsequent merger ofWood Creek’s existing trailer assets in June 2015 along with the merger of Quest Capital Group, an equipment management company, gave Milestone a combined trailer, container, and chassis fleet of over 70,000 assets.
It is one of the top three trailer leasing firms in the U.S. and one of the largest in the intermodal industry.
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