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Boxwheel Trailer Leasing Announces Formation, Secures Equity Commitment

April 26, 2018, 07:30 AM
Filed Under: Industry News
Related: Trailer Leasing

Recently formed Boxwheel Trailer Leasing, LLC announced it has received a significant capital investment from Crosstimbers Capital Group, a private investment firm that partners with growing and scalable entrepreneur-owned companies. The new capital will enable Boxwheel to build an optimized fleet of dry vans, flat beds and refrigerated trailer units to better serve its customers seeking long haul, cartage and storage solutions.

Based in Denver, Boxwheel was founded by former Fleet Trailer executives, Mike Sindelar and Mike Di Paolo, industry veterans with a successful track record of procuring, operating and commercializing large trailer fleets.

"We started Boxwheel because we wanted to offer our customers a premium experience," said Sindelar, Co-Founder.

Co-founder Di Paolo added, "We founded Boxwheel on the premise of making trailer leasing simple and affordable. We are bringing trailer leasing back to the basics."

David Hollon, Co-Founder and Managing Partner of Crosstimbers Capital Group, said, "We are excited to partner with a set of Denver industry veterans to build a leading trailer leasing platform. We look forward to providing both financial and operational support to the Boxwheel team as they provide trailer equipment solutions to new and long-standing customer relationships."

"Boxwheel is Crosstimbers' second platform investment," said Trevor Brock, Co-Founder and Managing Partner of Crosstimbers Capital Group. "It fits squarely within our strategy of providing growth equity to entrepreneur-owned companies and working alongside them to create value and scale."







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