ABOUT THE COMPANY:
OnRamp Trailer Leasing, Inc. (“OnRamp”), a C.R. England subsidiary, is one of the largest dealers of new and used trailers, service and parts west of the Mississippi. With two state of the art facilities – one in Reno, NV, and a second in Salt Lake City, UT, OnRamp holds exclusive distribution rights for several leading brands – such as Wabash, East, Transcraft, Manac, Trail King and Construction Trailer Specialists.
C.R. England’s subsidiary, Equinox Business Solutions, sought to carveout and divest OnRamp, as it was no longer strategic to its long-term goals.
G2 served as the exclusive financial advisor to OnRamp in facilitating a divestiture. Due to G2’s extensive industry network and expertise in transportation and logistic industry, the transaction generated significant interest from a diverse mix of middle-market private equity and strategic investors.
The transaction was successfully executed through a sale to Prime Trailer Leasing, based in Colorado. Prime Trailer Leasing rents, leases, sells, buys, and remarkets trailers across the U.S.