Gen Cap America has sold Myco Trailers to Propst Development LLC. Terms were not disclosed.
Florida-based Myco sells its trailers to the high-performance boating segment and different government agencies for military use. It has both domestic and international clients.
Gen Cap acquired Myco in March 2007 in a partnership with management in order to buy out the previous owner.
“The team at Myco was a key factor in Gen Cap’s investment 10 years ago, and we believe they will continue their track record of success going forward,” says Chris Godwin, general manager of Gen Cap America, in a statement.