Jerr-Dan Corporation
Jerr-Dan manufactures and distributes rollback carriers and wreckers for use in the vehicle recovery industry. Prior to Littlejohn's acquisition of Jerr-Dan, the company had experienced declining revenues and market share due to a difficult competitive market. Additionally, Jerr-Dan previously had been constrained of capital to fully support new product, marketing and manufacturing initiatives.
Following Littlejohn's acquisition, the Jerr-Dan management team significantly broadened their product line, enhanced distribution, implemented new marketing programs and completed their transition to a 100% Kanban manufacturing process. As a result of these programs, sales increased 25% during the ownership period and EBITDA more than doubled.
Following Littlejohn's acquisition, the Jerr-Dan management team significantly broadened their product line, enhanced distribution, implemented new marketing programs and completed their transition to a 100% Kanban manufacturing process. As a result of these programs, sales increased 25% during the ownership period and EBITDA more than doubled.