Truck Bodies & Equipment International Inc. (TBEI), a portfolio company of GenNx360 Capital Partners, has acquired Travis Body & Trailer Inc., a Houston-based manufacturer of aluminum end dumps, bottom dumps and transfer trailers to the construction, waste and recycling, rendering and agriculture end markets.
Terms of the transaction were not disclosed.
“This acquisition is consistent with our expansion into the dump trailer market, an expansion that began in 2013 when TBEI entered this market with a line of steel dump trailers designed, manufactured and marketed under the Ox Trailer brand,” said Bob Fines, president and CEO of TBEI. “TBEI is excited to bring together two of the most trusted brands in the industry.”
“This acquisition further strengthens the GenNx360 truck body and trailer platform bringing expertise in aluminum dump trailers and dump bodies, expansion into the southwest, a strong and loyal dealer network and a leading position in the trailer market,” said Ron Blaylock, a Founder and Managing Partner of GenNx360. “Travis will be structured as a standalone division within TBEI which continues to focus on high levels of service, continuous improvement and a commitment to quality.”
GenNx360 Capital Partners is a private equity firm focused on investing in industrial manufacturing and business services companies in the middle market. The firm primarily focuses on opportunities in the industrial machinery and components, industrial services, oil and gas, logistics and supply chain solutions, agricultural, specialty chemicals, and aerospace sectors. GenNx360 was founded in 2006 and is headquartered in New York City.