Center Rock Makes Growth Investment in Leading Manufacturer of Premium Open-Air Trailers
Center Rock Capital Partners, LP (“Center Rock”) is excited to announce an equity investment in Roadclipper Enterprises, LLC (“Diamond C” or the “Company”) alongside the existing equity holders, the Crabb family. The transaction marks Center Rock’s fourth investment out of its second investment vehicle, Center Rock Capital Partners Fund II, LP.
Based in Mount Pleasant TX, Diamond C is a leading manufacturer of premium open-air trailers operating out of four state-of-the-art manufacturing facilities covering over 450,000 sq ft. Recognized as a leader in the marketplace, the Company is renowned for exceptional quality, customizability, and innovation.
Founded in 1985 by Mike and Kim Crabb, Diamond C has a rich 40+ year history as market leaders in the premium open-air trailer market. Second generation CEO Jeffery Crabb commented, “We are excited to join forces with Center Rock to continue our growth trajectory. This partnership will enable us to enhance our product offering, expand our market presence, and further strengthen our leadership in the industry.”
Center Rock Partner Terry Theodore added, “The company has defended its reputation as a thought-leader for decades by making deep investments in R&D and instilling a customer-centric, solutions-based culture throughout the organization. We are excited to partner with management in their continued efforts to grow the business through operational improvements and product expansion.”
Deloitte Corporate Finance, LLC served as the exclusive financial advisor to the Company
About Diamond C
Diamond C Trailers is a leading manufacturer of premium open-air trailers, including gooseneck, dump, tilt, equipment trailers, and car haulers. The Company serves a diverse range of end markets including construction, agriculture, and equipment movement through a network of dealership partners across the United States and Canada.
For more information, please visit www.diamondc.com.