Case Study: Rhino Ventures Acquires Trident Trailer

“We believe that the materials and aggregates sector is positioned for substantial growth over the next decade. We will continue to see massive capital inflows into U.S. infrastructure which includes public spending on essential structures such as roadways and schools and private spending on return-driven projects. We are excited about our deployment into this heavy equipment manufacturing business which is a profitable corner of this industry.”

Leland Manning, Partner, Rhino Ventures

Axial Members

Member Type	Family Office	M&A Advisory Firm
Axial Member Since	2023	2023
Headquarters	Dallas, TX	Lubbock, TX
Axial Closed Deals	1	1
Axial Profile	View Profile	View Profile

Acquired Business

Location: Houston, TX

Description: Trident Trailer (formerly Discount Dumps) offers high-quality aluminum trailers at competitive prices. Using jigs and fixtures, the team assembles trailers without ever needing tape measures, ensuring consistency and reliability across each model. 

Reason for exit: The business owner was looking to retire after decades of building the business and was looking for both capital and new energy to take the business to the next level

Website  

Rhino Ventures, LLC is based in Dallas, TX and Atlanta, GA and is looking for mid- to late-stage business opportunities in the infrastructure, specialty trades, asset-heavy construction and materials sectors.

Rhino Ventures partnered with Axial to create a buy side project focused on TX-based businesses across a variety of sectors. The Rhino team explored ~40 transactions, ultimately evaluating a heavy-equipment manufacturing business in 2024. This was the inaugural sell-side project created by Connor Mitchell of Axiom Acquisition, who had also joined Axial just a month earlier.

The business — which turned out to be Trident Trailer — was initially attractive to Rhino as it strongly correlated with the public infrastructure and materials sectors, which is posed for strong growth over the next decade. Rhino Ventures consummated the transaction in mid-2024.

Deal Data