Henderson Wheel & Trailer Supply Inc.

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Henderson Wheel & Trailer Supply Inc. - overview

Established

1919

Location

Salt Lake City, UT, US

Primary Industry

Retail

About

Henderson Wheel & Trailer Supply Inc. specializes in designing and manufacturing advanced wheel systems that enhance vehicle performance, focusing on lightweight and durable wheels for automotive and commercial applications. Founded in 1919 and based in Salt Lake City, US, Henderson Wheel & Trailer Supply Inc. focuses on the design and manufacturing of high-performance wheel systems.


The company has undergone strategic developments to enhance their product offerings but has maintained a clear focus on automotive innovations. Notably, in November 2017, DexKo Global Inc. , a portfolio company of KPS Capital Partners, acquired 100 percent of Henderson Wheel. The acquisition was completed in December 2017, marking a significant transition in the company's operational framework.


Henderson Wheel specializes in the design and manufacturing of advanced wheel systems tailored to enhance the performance and efficiency of various vehicles. Their core product offerings include lightweight, high-strength wheels using innovative materials and engineering techniques to minimize weight while maximizing durability and performance. These products are primarily aimed at automotive manufacturers, fleet operators, and aftermarket retailers, addressing the need for improved handling, fuel efficiency, and safety in vehicle operation. The company's wheels are particularly suited for performance vehicles and commercial trucks, enhancing driving dynamics and extending service life.


Henderson Wheel's products are distributed across North America, Europe, and select Asian markets, capturing a diverse customer base comprising both OEMs and end-users who require high-quality wheel solutions. Henderson Wheel generates revenue primarily through direct sales to automotive manufacturers and partnerships with aftermarket retailers, creating a structured business model that emphasizes both B2B and B2C transactions. The company employs a pricing strategy that reflects the premium quality and performance of its flagship products, which include trademarked wheel systems known for their advanced technology and engineering excellence. Transactions typically involve bulk orders for manufacturers, while individual consumers can access products through authorized retail channels.


The revenue model is bolstered by ongoing partnerships, ensuring a steady stream of income as clients place repeat orders for replacement wheels and related products. This dual approach allows Henderson Wheel to maintain a robust financial structure while catering to a wide array of customer needs in the automotive sector. Henderson Wheel is focused on future growth through the introduction of upcoming wheel systems that leverage advanced materials and design techniques, with potential launch dates to be announced in the near future. The company aims to expand its market reach into additional regions in Europe and Asia by 2025, seeking to establish a stronger presence in these growing automotive markets.


The acquisition by DexKo Global Inc. is expected to provide the necessary resources to fund these expansion initiatives, facilitating investment in new product development and market entry strategies.


Current Investors

DexKo Global

Primary Industry

Retail

Sub Industries

Automobile Repair

Website

www.hendersonwheel.com

Verticals

Manufacturing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Henderson Wheel & Trailer Supply Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedHenderson Wheel & Trailer Supply Inc.-

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