Select Prior Investment – Truck Bodies and Equipment International, Inc.
Truck Bodies and Equipment International (TBEI) is North America’s leading manufacturer and installer of dump bodies and related equipment. Kirtland identified the consolidation opportunity within this market and through a series of acquisitions assembled five of the leading brands serving the class 3 – 8 vocational truck market. Following the acquisitions, we recruited a strong management team to lead the business and worked with them to build an integrated organization.
Kirtland helped guide and support the company through a very challenging industry and economic cycle. TBEI came out of this downturn as a stronger and more diverse business through ongoing investments in new product development. Kirtland successfully exited its investment in TBEI in 2015.