Wabash National Corporation

IRVINE, Calif., Jan. 21, 2026 /PRNewswire/ -- WNC & Associates (WNC), a nationwide leader in affordable rental housing investment and preservation, today announced a successful close to 2025 with $2.2 billion in affordable housing acquisitions last year, reaching $400M in year-over-year growth from 2024. Investor equity in 2025 of $928M will fund construction or rehabilitation of over 6,600 rental units in 28 states. WNC and its affiliated companies also added nine new investors, for a total of 175 institutional investors.

A Multi-Faceted Strategy for Affordable Housing

WNC's success stems from the strength of its vertically integrated businesses that merge expertise in tax credit equity syndication, preservation strategy, and private equity investment:

• WNC & Associates, Inc. – A seasoned syndication platform that channels vital capital into developments qualifying for Low-Income Housing Tax Credits (LIHTC) and related incentives.
  
  
  
  
• Community Preservation Partners (CPP) – A dedicated subsidiary focused on the long-term preservation and improvement of existing affordable rental communities.
  
  
  
  
• Preservation Equity Fund Advisors (PEF) – A private equity affiliate specializing in the acquisition and enhancement of affordable housing assets while delivering attractive risk-adjusted returns for institutional investors.

By combining these capabilities, the WNC companies continue to design impactful financial solutions that expand affordable housing access while addressing local market dynamics.

Partnership and Research Driving Industry Change

WNC's leadership in affordable housing extends beyond transactions. WNC continues to blend innovative financing structures with deep sector expertise to produce both social and economic value. Through the Cooper Housing Institute (CHI)—a non-profit foundation established by WNC leadership—innovative research, public awareness campaigns, and community partnerships advance understanding of systemic housing challenges, and provide tools to address them. Since its inception, CHI has awarded $3.6 million in grants to 26 organizations working to reduce housing instability and improve outcomes for vulnerable populations.

"2025 was a breakthrough year for the WNC companies," said Will Cooper Jr., CEO of WNC. "Our team's ability to mobilize capital efficiently, collaborate with new and existing partners, and expand into meaningful markets demonstrates the power of our integrated approach to affordable housing. We are dedicated to creating long-term value for both the communities we serve and the investors who trust in our mission."

About WNC & Associates

Founded in 1971, the WNC companies have acquired more than $21.6 billion in affordable housing properties since inception, creating and preserving more than 122,000 units in 49 states, the District of Columbia and the Virgin Islands. Today, WNC is known as both the pioneer in the affordable housing space and a leader in tax credit syndication, community preservation services, and private equity fund investment and management.

For more information, visit wncinc.com.

Media Contact:

Mia Chikamori

408032@email4pr.com

949-236-8122

View original content to download multimedia:https://www.prnewswire.com/news-releases/wnc-and-affiliates-strengthen-leadership-in-affordable-housing-with-2-2-b-in-acquisitions-expanding-national-impact-in-2026--302667027.html

SOURCE WNC

• Trent Broberg brings a proven ability to blend logistics expertise and technology leadership
• Executive transition designed for continuity and future growth
• Patrick McKittrick to step away after four years of leading the company through a period of growth and innovation

PHOENIX, Sept. 24, 2025 /PRNewswire/ -- Fullbay, the turn-key platform that improves the operational efficiency of heavy-duty repair shops, has announced Trent Broberg as its new Chief Executive Officer, effective September 22, 2025. Broberg succeeds Patrick McKittrick, who after four years as CEO has elected to step away to spend time with family and reflect on his next chapter.

Broberg brings deep experience in the transportation and logistics industry, having most recently served as CEO of ACERTUS, COO at Truckstop.com, and almost a decade at Swift Transportation. He also serves on the board of directors for Wabash (NYSE: WNC), the nation's largest trailer manufacturer. His background, combined with a passion for innovation in commercial repair, makes Broberg a natural fit to lead Fullbay as it continues its mission to create a better life for repair shops and fleets, and ultimately make roads safer for everyone.

"Fullbay has built an incredible platform that addresses real challenges for independent repair shops and internal fleet maintenance teams," said Broberg. "I'm excited to build on that foundation, drive further innovation as an AI-first company, and instill confidence in the team to deliver even greater value for our customers and the entire industry."

Since joining Fullbay in 2021, McKittrick has guided the company through a critical period of growth, strengthening customer relationships and positioning the business for long-term success. Under his leadership, Fullbay launched new innovations, expanded its offerings, and successfully secured a strategic growth investment from JMI Equity, along with reinvestment from Mainsail Partners, further fueling its expansion. The company also continued to deepen its commitment to independent repair shops and fleets across North America under McKittrick's leadership.

"This transition represents a natural inflection point for both me and Fullbay," said McKittrick. "We've achieved so much together, and the company is in a stronger position than ever. I'm looking forward to spending time with my family before deciding what's next, and I'm confident Trent is the right person to guide Fullbay into its next chapter."

McKittrick and Broberg will transition for a short period to ensure a seamless handoff for employees, customers, and partners. The company's leadership team remains in place, and Fullbay's strategy and commitments remain unchanged.

This planned transition underscores Fullbay's commitment to continuity while ushering in a new era of growth and innovation for the commercial repair industry.

Image: Trent Broberg

Image: Patrick McKittrick

ABOUT FULLBAY

Based in Phoenix, Arizona, Fullbay revolutionizes the operations of heavy-duty repair shops and internal fleet maintenance departments to create more efficient, focused, and faster organizations. The company provides a turn-key platform that connects every function of the business in real time from any location to improve workflow and create transparency in operations. Founded in 2014, Fullbay focuses on delivering operational excellence, preventive maintenance solutions, and inventory management optimization to its wide variety of customers. The company most recently launched its All About the Grilles e-commerce store in which a portion of proceeds gets donated to Fullbay Cares, a program dedicated to giving back to the essential workers of heavy-duty repair.

CONTACT:

Tom Eisbrenner

MBE Group on behalf of Fullbay

teisbrenner@mbe.group

248.765.2121

View original content to download multimedia:https://www.prnewswire.com/news-releases/trent-broberg-joins-fullbay-as-ceo-succeeding-patrick-mckittrick-302565515.html

SOURCE Fullbay