Press Release

Burns & Levinson represented client KODA Enterprises Group, a middle market private investment firm, in its acquisition of Load Rite Trailers, LLC, through its existing wholly owned holding company Water-Land, LLC, owner of Continental Trailers (Water-Land Manufacturing & Supply). The deal closed on February 8, 2022 and the financial terms were not disclosed.

KODA’s acquisition of Load Rite is highly strategic, expanding Water-Land’s marine trailer manufacturing and distribution capabilities across a complete line of boat trailers. Load Rite’s locations in Fairless Hills, PA, and Washington, NC, combined with Continental’s multiple sites in Florida provides coverage of the entire U.S. eastern seaboard from Maine to Florida, as well as coverage into eastern Canada. Combined, the companies represent the largest non-OEM marine trailer manufacturer in the country.

“Burns & Levinson has been our long-time trusted legal partner. They are highly-skilled advisors who deeply understand our business and mission, which makes them especially valuable to our company and stakeholders,” said Bill Karol, President and CEO of KODA Enterprises Group. “They astutely counseled us every step of the way. We appreciate their knowledge, guidance and perseverance to complete this acquisition so that we can increase our manufacturing and distribution capabilities, continue to build scale, and explore new growth opportunities.”