Argosy Invests in Great Western Leasing & Sales
On October 9, 2015, Argosy invested equity and subordinated debt in Great Western Leasing & Sales, LLC.
Founded in 1997, the Company is a leading full-service, integrated solutions provider to the flatbed and specialized trailer industry. The Company operates a network of strategically located facilities in the Western United States, which offer customers a broad range of sales, financing, leasing and rental options for new and used trailers, as well as, after-market flatbed trailer repair and maintenance. The Company sells flatbed trailers for a broad range of manufacturers including Fontaine Trailer Company, Wilson Trailer Company, East Manufacturing Corporation, Manac Trailers USA, XL Specialized Trailers and Side Dump Industries, pursuant to exclusive territory sales agreements.
The Company uses its exclusive sales agreements from these major OEMs within the territories its serves, technical expertise and flexible financing solutions to attract and retain customers through economic cycles. GWL operates from three facilities located in Southern California, Utah and Texas.