TIP Trailer Services Acquires Trailer Wizards

IMCO and GCM Grosvenor to Buy 25% Minority Stake in TIP Group From I Squared Capital

July 16, 2026

Transportation

I Squared Capital has entered into a definitive agreement to sell a 25% minority interest in TIP Group to the Investment Management Corporation of Ontario (IMCO) and GCM Grosvenor. The transaction is expected to close in the first quarter of 2027, subject to regulatory approvals and customary closing conditions.

W&B Service Company Acquires Sanders Trailer Service

February 10, 2026

Transportation

W&B Service Company, a transportation equipment, refrigeration and semi-trailer dealer, announced it has acquired Sanders Trailer Service. The deal expands W&B’s trailer sales and service capabilities into Kansas and Western Missouri through three new locations and extends Midwest coverage.

Boxwheel Trailer Leasing Acquires Assets of Twin Bridges Enterprises

December 11, 2023

Trucking & Fleet

Boxwheel Trailer Leasing, a Denver-based trailer rental and leasing operator backed by Crosstimbers Capital Group, acquired the assets of Detroit-area Twin Bridges Enterprises. The asset purchase expands Boxwheel’s geographic coverage in the Detroit market as part of its ongoing acquisitive growth strategy supported by Crosstimbers and lenders.

Deltek Acquires TIP Technologies

July 14, 2022

Software

Deltek has entered into an agreement to acquire the assets of TIP Technologies, a provider of quality management system (QMS) and manufacturing execution system (MES) software. The acquisition adds QMS/MES capabilities to Deltek's product portfolio to better serve government contractors, aerospace & defense, and engineer-to-order manufacturers; the deal was expected to close in Q3 2022.

TIP Trailer Services Acquires Ryder Ltd’s UK Trailer Leasing and Maintenance Business

April 13, 2022

Transportation

TIP Trailer Services (TIP), a portfolio company of I Squared Capital, signed a deal to acquire Ryder Ltd’s trailer leasing and maintenance business in the UK, including its mobile maintenance services division. The acquisition is expected to complete in June 2022 and will add about 3,550 trailers and expand TIP’s UK workshop footprint, including a site in Lichfield and parking locations in Shepshed and Manchester.

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.