Bain Capital Private Equity has reached a definitive agreement to acquire American Trailer Works, a manufacturer of utility and cargo trailers, from an investor group managed by Southlake Equity Group, and plans to merge it with Big Tex Trailers.
Bain Capital closed its acquisition of Big Tex in December 2015.
"Uniting these two companies will create an exceptional array of products and services, and the best and most supportive partner for dealers,” said Todd Cook, a Managing Director at Bain Capital. “We are committed to supporting management in growing the trailer businesses of both American Trailer Works and Big Tex through world-class customer service, operational efficiency, and continued product innovation.”
Headquartered in Southlake, Texas, American Trailer Works has 12 plants and sells trailers through independent dealers and national retailers under the PJ Trailers, Carry-On Trailer, RC Trailers and other private-label brand names.
The planned merger is subject to customary regulatory review.