MT. PLEASANT, TX AND BOSTON, MA – December 21, 2015 – Brain Capital Private Equity, one of the world’s foremost private investment firms, today announced it has completed the acquisition of Big Tex, a leading manufacturer of professional-grade trailers in North America from H.I.G. Capital. Financial terms of the private transaction were not disclosed.
Headquartered in Mt. Pleasant, Texas, Big Tex manufactures professional-grade open utility, equipment, horse, livestock, and cargo trailers and truck beds under such brands as Big Tex, CM, S&H, and Circle J. Founded in 1982, the Company serves dealers and customers across North America.
You are viewing: Who Owns Big Tex Trailers
“We are very proud of the progress we have made,” said Curt Howell, Chief Executive Officer of Big Tex, who will continue to lead the business with the existing management team. “We thank H.I.G. Capital for their support, and we look forward to working with Bain Capital to continue to strengthen our competitive position and enhance our service to customers.”
Read more : Who Is The King Of The East
“We look forward to putting our resources and industrial experience to work with Curt and the management team to build the business and continue the long term success of Big Tex.” said Todd Cook, a Managing Director at Bain Capital.
Kirkland & Ellis LLP served as legal counsel, and PricewaterhouseCoopers LLP served as accounting advisor to Bain Capital Private Equity. Piper Jaffray acted as Big Tex’s exclusive financial advisor. McDermott Will & Emery LLP provided legal advice to Big Tex and H.I.G. Capital.
About Big Tex
Headquartered in Mt. Pleasant, TX, Big Tex is the leading national manufacturer of professional-grade trailers, parts and supplies. Big Tex sells its family of leading trailer brands, including Big Tex Trailers, CM/S&H Trailers, Circle J and CM Truck Beds, through a diversified network of over 600 dealers nationwide. The Company maintains manufacturing and assembly facilities in Texas, Oklahoma, Georgia, and Idaho. The Company’s Tex Trail division is a leading parts distributor with 12 locations. For more information, please refer to the Big Tex website at www.bigtextrailers.com.
About Bain Capital Private Equity
Read more : Who Makes Huff And Puff Slot Machine
Bain Capital (www.baincapital.com) is one of the world’s foremost private investment firms, with approximately $75 billion under management across several asset classes including private equity, venture capital, public equity, and credit products. Founded in 1984, Bain Capital’s more than 400 professionals are collectively the single largest investor in all of its funds and are dedicated to investing in and building its portfolio companies. Bain Capital Private Equity has deep experience in industrial manufacturing and distribution, with investments in companies including TI Automotive, Sensata Technologies, FTE Automotive, Trinseo SA, ASIMCO and Hero MotoCorp Ltd. Bain Capital has offices in Boston, New York, Chicago, San Francisco, Palo Alto, London, Munich, Dublin, Luxembourg, Tokyo, Shanghai, Hong Kong, Mumbai, and Melbourne.
Media Contacts: For Bain Capital Private Equity Alex Stanton Stanton Public Relations & Marketing +1 212-780-0701 [email protected]
For Big Tex Trailer Manufacturing, Inc. Joe Lewis Vice President-Marketing +1 903-575-0300 ex. 2191 [email protected]
Source: https://t-tees.com
Category: WHO
