Boxwheel Trailer Leasing acquires Seattle based New-Way Trailer Leasing
Boxwheel Trailer Leasing acquires Seattle-based New-Way Trailer Leasing, its fifth expansion since 2021, bringing the company to eight rental locations.
Boxwheel Trailer Leasing acquired Seattle-based New-Way Trailer Leasing. The release describes the transaction as Boxwheel's fifth expansion since 2021, bringing the company to eight rental locations: Denver, Detroit, El Paso, Las Vegas, Phoenix, Reno, Salt Lake City, and Seattle.
Boxwheel is headquartered in Denver and was founded in 2018. Crosstimbers is the company's private equity sponsor, with lending from Hancock Whitney and Third Coast Bank. Crosstimbers first invested in February 2018.