LongWater Opportunities Announces Acquisition of XCaliber Container
LONGWATER OPPORTUNITIES ANNOUNCES ACQUISITION OF XCALIBER CONTAINER
Graham, Texas, September 28, 2021 – Dallas-based LongWater Opportunities is pleased to announce the acquisition of XCaliber Container, a leading provider of shipping containers and custom-fabricated container structures across the greater Midwest. Founded in 2014, XCaliber has enjoyed tremendous organic growth in the seven short years since co-owners Justin Shubert and Brent Isom delivered their first custom container to a rancher in Loving, TX. XCaliber manufactures customizable shipping containers for an array of residential, commercial, and storage applications. The Company credits its strong online presence and top-notch customer service as the foundations for its success and the keys to its sustained growth.
Brooks Burgum, co-founder of LongWater, stated, “We are proud to partner with Justin and Brent, who have focused on building a business that has allowed customers, employees, and the communities in which they work to be successful.” On XCaliber’s partnership with LongWater, Justin Shubert expressed, “We believe we found the right partner in LongWater. Brent and I were very impressed with the entire LongWater team throughout the process, and we remain excited about their ability to leverage their operating experience to take XCaliber to the next level.”
XCaliber Container is the first investment in LongWater’s flagship third fund, an institutional fund. Jordan Bastable, co-founder of LongWater, commented, “Justin and Brent have built an incredible business with the right kind of people. We are excited to partner with a team of folks who share LongWater’s core values of hard work, integrity, and humility.”
About LongWater Opportunities
LongWater Opportunities is an operationally-focused private equity firm targeting control equity investments in family-owned and operated, American manufacturing companies. Founded in 2009, LongWater has completed 11 acquisitions and recently closed its third fund. At LongWater, we believe in servant leadership; we are here to serve our companies, not the other way around. We practice this through active operational involvement with each portfolio company, along with a commitment to continually invest in the people, processes, and technology critical to success. With offices in Dallas, TX, and Fargo, ND, we maintain an active presence across the Midwestern United States. We align ourselves with those who seek an operating partner who will share their passion and commitment to building a great organization.