Portfolio
Novae
Portfolio
Novae
Brightstar Capital Partners completed the acquisition of Novae in December 2021 in partnership with the Company’s founder and senior management team. The partnership will help the Company expand and continue to be one of the leading professional trailer manufacturers in North America.
INVESTMENT OVERVIEW
HEADQUARTERS
Markle, IN
YEAR OF INVESTMENT
2021
BRIGHTSTAR BOARD MEMBERS
Matthew Allard BOARD CHAIR
Reidar Brekke
Gary Hokkanen
Noah Siegel
SECTOR
Industrial Services
Headquartered in Markle, IN, Novae is a fast-growing and well-respected trailer manufacturers in North America, operating distinct brands including Sure-Trac, H&H Trailers, CAM Superline, Trailerman, ITI Cargo, Midsota and LOOK Trailers. Founded in 1995, Novae has grown both organically and through acquisitions to become the second largest trailer manufacturer in North America. Novae has more than 20 manufacturing facilities and maintains an active dealer network of more than 1,000 partners.
Matthew Allard, Partner, Brightstar Capital Partners
“ The mission and values that Steve and his team at Novae built over 25 plus years have been critical to the Company’s growth and reputation for best-in-class products. We are excited to partner with Novae and execute on our ‘Us & Us’ model to accelerate the Company’s success in this expanding and fragmented industry. ”
Steve Bermes, Novae CEO
“ We look forward to partnering with the Brightstar team to take advantage of their operational expertise and relationship networks to continue Novae’s growth trajectory. ”
