Novae Acquires Aluma Trailers

Novae Acquires LOOK Trailers

April 12, 2022

Manufacturing

Novae LLC, a Brightstar Capital Partners-backed trailer manufacturer, has acquired LOOK Trailers, the largest manufacturer of enclosed cargo trailers in the U.S. LOOK will continue operating its six manufacturing facilities and dealer network as a division of Novae, with founder Matt Arnold joining Novae as Chief Innovation Officer. Financial terms were not disclosed.

Novae LLC Acquires Mirage Trailers LLC

March 5, 2022

Manufacturing

Novae LLC, a portfolio company of Brightstar Capital Partners, has acquired Mirage Trailers LLC, a Nampa, Idaho-based manufacturer of enclosed, utility and towable RV trailers (brands include Mirage and TNT). Mirage was a portfolio company of Crescendo Capital Partners, OFS Capital Corporation and Fidus Investment Corporation; Mirage will continue to operate in Nampa as a division of Novae. The acquisition is an add-on to Novae's platform to expand geographic reach and strengthen dealer relationships across the western U.S. and Canada.

Brightstar Capital Partners Acquires Novae Corp.

December 22, 2021

Manufacturing

Brightstar Capital Partners, a New York-based private equity firm, completed its acquisition of Novae Corp., a Markle, Indiana-headquartered trailer manufacturer, in partnership with Novae founder and senior management who retain significant ownership. Novae operates six trailer brands across 15 manufacturing facilities with more than 1,100 employees and will work with Brightstar to scale operations and expand in a fragmented market.

ALCOM LLC Acquires Triton Trailers

November 23, 2021

Manufacturing

ALCOM LLC has completed the acquisition of Triton Trailers, a Hartford, Wisconsin–based manufacturer of aluminum recreational and utility trailers. The acquisition brings Triton's established product lines and dealer footprint into ALCOM's multi-brand trailer platform to support product expansion and growth plans across the United States and select international markets.

Valley Equipment Ltd Acquires Utility Trailers of New England

March 5, 2024

Trucking & Fleet

Valley Equipment Ltd, a long-standing Canadian Utility dealer, has acquired Utility Trailers of New England, LLC, adding two locations in Seabrook, New Hampshire and North Oxford (Boston), Massachusetts to its network. The acquisition expands Valley Equipment's dealer and service footprint into the Northeastern United States and strengthens support for Utility Trailer and Cargobull North America products in the region.

Fultra Acquires East Manufacturing to Expand North American Trailer Footprint

August 16, 2023

Manufacturing

Fultra, parent company of Fruehauf, has acquired East Manufacturing, a Randolph, Ohio-based maker of aluminum flatbed, drop deck, dump and refuse trailers. The acquisition expands Fultra's North American trailer footprint and combines East's dealer network and product capabilities with Fultra/Fruehauf's broader platform to serve commercial vehicle, construction, agricultural and refuse markets.