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FTCA, Inc. Acquires Fleetwood Folding Trailers, Inc.
May 14,2008
Somerset, PA., May 12, 2008 – FTCA, Inc. a subsidiary of Blackstreet Capital Partners, a Bethesda, MD-based private equity fund, has purchased Fleetwood Folding Trailers, Inc. (FFT) from Fleetwood Enterprises, Inc. of California. Founded in 1967 Fleetwood Folding Trailers, Inc. is recognized as a world class leader in folding camping trailers and is known for its exceptional quality and customer service throughout the world.
Since its founding, Fleetwood Folding Trailers has earned a reputation for producing high quality, and innovative products. The company’s premier brands include the Highlander Series, Americana Series, Destiny Series, and the Evolution Series known for its unique adventure style and utility.
"Working with the talented team at FTCA, Inc. as well as the dedicated network of dealers across the country, we see many exciting opportunities, said Aldus Chapin, President of Fleetwood Folding Trailers. Under new ownership, we see an opportunity to strengthen our position as a world class leader in the folding trailer market.”
Murry N. Gunty, Managing Partner of Blackstreet Capital said, “We are thrilled to complete the purchase of Fleetwood Folding Trailers and excited about the future of the company.”
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