XL Specialized Trailers manufactures premium quality commercial and construction style trailers, primarily serving heavy haul applications in the infrastructure, agriculture, utility, oil and gas, mining and alternative energy markets.
Rockwood’s Strategic Support
- Recruited a talented new management team, including CEO, CFO, VP Operations and VP sales
- Rebuilt revenues to pre-recession levels and retooled operations for enhanced flexibility to serve more variable unit/model demand
- Executed a strategic partnership with the largest global construction equipment company to solidify the company’s leading positioning within its market segment
- Location
- Manchester, Iowa
- Other Locations
- Iowa
- Situation
In December 2007, Rockwood partnered with another private equity firm and the second generation of XL’s founding family to recapitalize the business.
- Exit
In February 2016, the company was sold to Bull Moose Industries, a subsidiary of Caparo Group Ltd.
- Sector
- Industrials