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Premier Trailer Leasing Acquires Trailer Fleet Assets

June 05, 2014, 07:00 AM
Filed Under: Mergers & Acquisitions

Premier Trailer Leasing, a leading provider of trailer rental and leasing assets to the shipping and trucking industry, announced it has acquired certain assets of Trailer Fleet International, a leading provider of trailer rental and leasing services on the west coast, with nearly 3,000 trailers and locations in Los Angeles, Rancho Cucamonga, Portland and Seattle.
With the acquisition, Premier Trailer Leasing now has more than 25,000 trailers and 25 locations from coast to coast. “This acquisition is an outstanding fit for our company, enabling Premier to be a national player in the trailer rental and leasing industry. We can provide enterprise solutions for our customers with national needs while giving access to new equipment and technology to Trailer Fleet’s existing customer base,” said Jim Aubuchon, Premier’s President and CEO.
Premier Trailer Leasing is owned by Garrison Investment Group, a leading private equity, credit and asset-based investor headquartered in New York with approximately $3.5 billion of assets under management. With Garrison’s leadership, Premier has become one of two national players in the industry.

In the past three years, Premier has grown from 11,000 trailers to over 25,000 and has invested over $200 million to acquire a broad spectrum of trailers including specialized flatbeds, refrigerated vans and dry vans of all types, as well as investing in industry-leading technology.

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