August 3, 2025
A JOHNSONS CORPORATE DIVESTMENT
Johnsons is pleased to announce the successful sale of a private, mid-sized Australian business to a trade buyer. After facilitating a comprehensive, end-to-end sales and negotiations process, our client – Direct Source Australia trading as Trailer Spares Direct (TSD) – has been acquired by Recreation Brands for an undisclosed amount. Based in QLD, Trailer Spares is one of Australia’s leading wholesale suppliers of running gear and spare parts for towed vehicles. Operating from VIC, Recreation Brands is a portfolio of outdoor brands that supply a range of components and accessories to RV dealers, OEMs, service partners, and outdoor retailers across Australia.
The team at Johnsons were pleased to act as lead advisors to TSD’s owners and would like to extend our congratulations to both the vendors and purchaser.
The sale of the Business was spurred by 6+ years of high growth, after which TSD’s owners felt they had reached the limit of their professional and financial capacity to further develop the company. They engaged Johnsons with the aim of finding a strategic acquirer with the resources and capabilities necessary to continue building the Business into a national enterprise.
Commenting on the sales process, the Vendors noted: “We are very happy to have just completed the sale of our business. It’s been a long process, but Benn and the rest of the team at Johnsons were there with us all the way. At the end of the day, we found a great buyer and a new home for Trailer Spares Direct with a leading group of companies in Australia’s outdoor recreation space.”