Great Western Leasing and Sales, LLC Acquired by Headhaul Capital Partners and Argosy Investment Partners
Great Western Leasing and Sales, LLC, (“GWLS” or the “Company”) is a leading full-service, integrated solutions provider to the flatbed and specialized trailer industry. Based in Irvine, CA, the Company operates a network of strategically located facilities in the Western United States which offer customers a broad range of sales, financing, leasing and rental options for new and used trailers, as well as after-market trailer repair and maintenance. The Company distributes trailers for a broad range of manufacturers including Fontaine Trailer Company, Wilson Trailer Company, East Manufacturing Corporation, Manac Trailers USA, XL Specialized Trailers and Side Dump Industries.
The Company sought a strategic partner through an equity recapitalization to establish itself as a platform to consolidate the regionally fragmented heavy trailer sales and leasing business and support its rapid growth.
G2 Capital Advisors was the exclusive sell-side advisor to GWLS.
The transaction was successfully executed through a majority sale to an investor group led by Headhaul Capital Partners and Argosy Investment Partners.
Headhaul Capital Partners LLC is a New York-based middle market private equity firm focused on acquiring and building businesses in the transportation, logistics and distribution industries.
Argosy Private Equity, founded in 1990, specializes in providing capital and operating and financial expertise to lower middle market companies across a broad range of industries.
“This is a terrific outcome for the leadership of GWLS and the new partners,” said Ron Lentz, Managing Director and Transportation and Logistics Practice Leader for G2 Capital Advisors. “This transaction is yet another exciting outcome for the growing T&L sector here at G2.”