Truck Bodies and Equipment International Receives Private Equity Investment from GenNx360 Capital Partners

Truck Bodies and Equipment International Inc., a Minnesota-based maker of dump truck bodies, dump trailers, hoists, parts and accessories, received a private equity investment from GenNx360 Capital Partners.

The amount of the deal was not disclosed.

The company intends to use the proceeds from the investment for continued growth efforts.

Led by Bob Fines, President and CEO, TBEI is a manufacturer of dump truck bodies, dump trailers, other specialty bodies, hoists, parts and accessories. It serves the Class 3 – 8 vocational truck market across a diverse set of applications in the construction, municipal, landscape, demolition, agricultural, infrastructure and defense end markets. TBEI operates four strategically located manufacturing and installation facilities in Minnesota, Alabama, Mississippi, and North Dakota with additional support from a national network of third party warehouses.

FinSMEs

02/10/2015

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