Sign In
Free Newsletter
Columbia’s Tower Partners executes sale of US Liner Co.
Tower Partners, a lower-middle market investment bank in Columbia, Tuesday announced it successfully executed the sale of American Made LLC, a manufacturer of advanced thermoplastic composite solutions primarily used for the inside walls of refrigerated semi-trailers and manufacturing trailer skirts that aid in aerodynamics and debris control.
The Cranberry Township, Pennsylvania-based American Made, doing business as US Liner Company, was acquired by Montréal-based Transtex, which produces engineering emission-reducing solutions in the transportation sector.
US Liner, established in 1985, has been operating under the control of a court appointed receiver since early 2023. Terms of the deal were not disclosed.
US Liner’s core line of composites are used in trucks, trailers, recreational vehicles, public transportation vehicles, rail transport, shipping and storage containers, and defense applications, according to the company.
Since its start in 2008, Tower has completed more than 525 deals with more than $15 billion in transaction value.
