Headquartered in Roanoke, VA, TREAD is a leading manufacturer of highly-engineered custom bulk explosive handling trucks, emulsion mixing plants, storage bins and other related products. The Company provides its products to a global customer base of explosive handling companies serving the mining and construction industry in more than 50 countries across six continents. In addition to its Roanoke headquarters, TREAD maintains sales and service operations in Australia, Chile, South Africa and Peru.
Marriott & Co. acted as the exclusive financial advisor to TREAD Corporation, a portfolio company of Gladstone Investment Corporation in its sale to Larsen MacColl Partners. Debt financing and an equity co-investment were provided by Source Capital.