August 16, 2024
Translink Corporate Finance in the United States advised Doonan Specialized Trailer, a renowned custom semi-trailer manufacturer, on the sale to Hoffmann Family of Companies.
With a distinguished history spanning five decades, Doonan Specialized Trailer, LLC (Doonan)—has become synonymous with excellence in designing and producing specialised trailers, tailored to the unique requirements of owner-operators.
Doonan has established a robust network of over 57 dealer locations across North America, making it a key player in the transportation industry. The company’s focus on delivering high-quality, custom-designed products with features and options unmatched by high-volume manufacturers sets it apart in the market.
Geoff Hoffmann, Co-CEO at Hoffmann Family of Companies, said, “As we continue to grow our network, our venture with Doonan is an affirmation of our belief in the future of American Manufacturing. Doonan is a great fit for the Hoffmann Family of Companies, and we have tremendous confidence in the proven management team and the positive culture fostered throughout the company. We are excited for our future success as the team continues to operate and expand the business.”
Mike Ruddle, Vice President of Operations at Doonan, and Kelly Zecha, National Dealer Manager/ Application Specialist, will both continue to play pivotal roles post-close, ensuring a seamless transition and continuity in serving customers with excellence.
Mike Ruddle, said, “We are thrilled to be joining the Hoffmann Family of Companies to expand on the success of Doonan built over the past 50 years.”
The Doonan acquisition expands HFOC’s presence in the transportation sector, building on the 2021 purchase of Texas Bragg Trailers, based in Mt. Pleasant, Texas. Established in 1977, Texas Bragg Trailers offers a selection of trailers through their expansive dealer network in 21 states.
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Translink Corporate Finance is a world leader in cross-border mid-market M&A advisory services, specialising in transactions ranging from €10M to €250M. Established in 1972, with over five decades of experience, we get the deal done. We are a trusted global group with over 400 experts worldwide, and a proven track record with long-standing clients and deep sector specific knowledge. At Translink Corporate Finance, we are easy to approach, and our core ethos revolves around the pursuit of sustainable value creation for our clients – whose best interests always come first.
Dinan & Company, LLC is the partner firm of Translink Corporate Finance in the United States. It is a leading diversified financial services company with over 35 years of advisory and merchant banking experience dedicated to middle-market transactions.