November 6, 2019
BrandFX Sale to Time Manufacturing
Stonebridge Partners is pleased to announce the sale of BrandFX, LLC (“BrandFX”), to Time Manufacturing Holdings, LLC (“Time Manufacturing”). During its investment period, Stonebridge assisted management’s efforts in new product introductions and achieving significant production efficiencies.
BrandFX is the largest manufacturer of composite fiberglass vehicle bodies in the nation, primarily serving the power and telephone industries, with headquarters in Fort Worth, Texas. Time Manufacturing, headquartered in Waco, Texas, is a global designer, manufacturer, and distributor of vehicle-mounted aerial lifts primarily for the telecom and electric utility end markets. The acquisition provides Time Manufacturing with in-house capabilities to produce the largest line of fiberglass truck bodies in the country to complement its Versalift vehicle-mounted aerial lifts. Both BrandFX and Versalift are known for their lightweight, durable equipment that results in a lower true cost of ownership.
Founded in 1984, BrandFX, a portfolio company of Stonebridge Partners, has grown to become the world’s largest producer of advanced composite service bodies, line bodies, inserts, toppers and covers for vehicles. The company has 286 employees and is headquartered in Fort Worth, Texas with additional facilities in Iowa, Minnesota, Indiana and Georgia. For more information, please visit: https://brandfxbody.com/.
About Time Manufacturing
Time Manufacturing is a leading global manufacturer of vehicle-mounted aerial lifts, digger derricks, bucket trucks and bridge inspection equipment. The company has 18 company-owned facilities across North America and Europe. Time Manufacturing’s principal manufacturing facility is centrally located in Waco, Texas, with additional manufacturing in Farso, Denmark. For more information, please visit: https://timemfg.com.