Cypress Makes Another Acquisition

Tredit Tire & Wheel Company, has just acquired a major competitor in its industry of tire/wheel distribution to the towable trailer market.

Customers include recreational vehicle (RV), marine, cargo, livestock, and other specialty trailer builders. This merger further cements Tredit's industry-leading position by enhancing its already strong capabilities in product sourcing, just-in-time delivery, quality and product variety for its national and regional customers.

Future Opportunities

In addition to add-on acquisitions, Cypress seeks to make control equity investments in basic industrial companies that can be leveraged and then operated autonomously. Distress and turn-around situations are viewed as opportunities. There are no limitations on size; however, we focus on companies with sales of $20 to $80 million. Smaller companies are considered when they are a natural fit with a current operating company or located in or near our existing footprint. Within North America, location is not of particular concern. Our long-term ownership model aligns well with the desires of entrepreneurial or family owners who are concerned about securing a stable future for their life's work.

Should you know of an acquisition opportunity that fits our criteria, we would appreciate you forwarding it to our attention.