Date
Jun 2022
Region
Texas
We are pleased to announce the sale of our client, North Texas Trailers to Ehrsam Enterprises, LLC. The transaction closed June 6, 2022.
Located in Lewisville, Texas, North Texas Trailers (NTT) founded in 2007, is a full-service dealership that offers sales, service, parts, and rentals for all types of utility and cargo trailers. NTT offers trailer brands that include Wells Cargo, Pace, Cargo Express, MAXX-D, Kwikload, PJ, Rockin’ S, and Performax. NTT holds first right of refusal, protected territory rights for new locations that sell Wells Cargo products within the Dallas Ft. Worth (DFW) metro area.
Additionally, NTT has negotiated exclusive distribution rights of the Kwikload Trailer product line for the entire state of Texas. NTT has a very successful partnership with Kwikload Trailers acting as its sales force. NTT’s parts and service offering includes a full line of trailer parts and normal trailer service as well as custom trailer modifications for all types of utility and cargo trailers. NTT also owns the largest utility and cargo trailer rental fleet in the DFW market. NTT currently has 3 locations serving the DFW metroplex.
Generational Equity Executive Managing Director of M&A – Central Region, Michael Goss, and his team led by Senior Managing Director M&A, Cory Strickland, with the support of Vice President, M&A, Jacob Mangalath successfully closed the transaction. Senior Managing Director, Doug Morrow established the initial relationship with NTT.
“This was one of those uncommon transactions where you knew from the beginning that the Buyer and Seller came together at the right time for a reason,” said Strickland.
He added, “What a pleasure it is being able to represent Eddie & Koti in the successful transition of an outstanding business that serves over 100 different municipalities and other customers since 2007.”
If you would like to explore other transactions our associates have supported in this industry, visit our dedicated Automotive M&A Deals page.
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