Boxwheel Trailer Leasing Acquires Assets of Twin Bridges Enterprises

Boxwheel Trailer Leasing Acquires Prime Trailer

September 21, 2021

Trucking & Fleet

Boxwheel Trailer Leasing, backed by Houston-based private equity firm Crosstimbers Capital Group, has acquired Prime Trailer to expand its semi-trailer rental, leasing, sales and service footprint into the Salt Lake City, Utah and Reno, Nevada markets. The deal is Boxwheel’s second acquisition in 2021 and is part of a growth strategy supported by Crosstimbers and financing from Hancock Whitney Bank.

Boxwheel Trailer Leasing Acquires Fleet Trailer Leasing (El Paso, TX)

May 3, 2022

Trucking & Fleet

Boxwheel Trailer Leasing, a Denver-based semi-trailer rental and leasing operator backed by Crosstimbers Capital Group, acquired the assets of Fleet Trailer Leasing in El Paso, Texas. The acquisition expands Boxwheel's geographic footprint into the El Paso/Juarez market and follows prior branch acquisitions as the company grows its rental and leasing network.

Casella Waste Systems Acquires Assets of Consolidated Waste Services (Twin Bridges)

June 9, 2023

Environmental Services

Casella Waste Systems, Inc. signed an asset purchase agreement to acquire the assets of Consolidated Waste Services, LLC (dba Twin Bridges) for approximately $219 million in cash. The deal includes two collection operations, a transfer station, a materials recovery facility (MRF) and other properties, and is expected to generate about $70 million of annualized revenue and close by Q4 2023.

Warehouse On Wheels Acquires BenLea Leasing's Trailer Rental Operations

March 5, 2024

Logistics & Distribution

Warehouse On Wheels (WOW), a portfolio company of Wind Point Partners, has acquired the storage trailer rental operations of BenLea Leasing Inc., a Cambridge, Ontario-based trailer rental and maintenance provider. The add-on expands WOW's presence in the Greater Toronto Area and represents the platform's twenty-first acquisition since partnering with Wind Point.

Badlands Tank Lines Acquires Twin Eagle Transport

August 30, 2019

Trucking & Fleet

Badlands Tank Lines acquired Twin Eagle Transport, a division of Twin Eagle Midstream Assets, to create a larger crude oil transportation platform with expanded scale and reach. Bridgepoint Investment Banking acted as sole buy‑side M&A advisor and financing arranger on the transaction, which positions Badlands among the larger carriers with a combined fleet of over 170 trucks across major U.S. oil basins.

Penske Truck Leasing Acquires Star Truck Rentals, Inc.

April 26, 2023

Trucking & Fleet

Penske Truck Leasing agreed to acquire Star Truck Rentals, Inc., a Michigan-based transportation services company that offers full-service leasing, commercial truck rental, contract maintenance and used truck sales. The acquisition adds Star’s ~1,900 vehicles and 18 locations across Michigan and Indiana to Penske’s network; financial terms were not disclosed and the transaction was expected to close in Q2 2023 subject to customary approvals.