By Generational EquityJun 14, 2022, 08:00 et
Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its 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.”
About Generational Equity
Generational Equity, Generational Capital Markets (member FINRA/SIPC), Generational Wealth Advisors, Generational Consulting Group, and DealForce are part of the Generational Group, which is headquartered in Dallas and is one of the leading M&A advisory firms in North America.
With more than 300 professionals located throughout 16 offices in North America, the companies help business owners release the wealth of their business by providing growth consulting, merger, acquisition, and wealth management services. Their six-step approach features strategic and tactical growth consulting, exit planning education, business valuation, value enhancement strategies, M&A transactional services, and wealth management.
The M&A Advisor named the company Investment Banking Firm of the Year three years in a row and Valuation Firm of the Year in 2020. For more information, visit https://www.genequityco.com/ or the Generational Equity press room.
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