Global, Industrials | Mergers & Acquisitions, Restructurings

GPX Closes Bankruptcy Sale of Canadian Tire Unit

  • GPX International Tire Corp., a leading global provider of specialty “off-the-road” (OTR) tires, filed for bankruptcy and retained TM Capital to pursue restructuring alternatives
  • TM Capital assisted GPX in completing the sale of its Canadian subsidiary to an investor group
  • In aggregate, TM Capital assisted GPX in completing three Section 363 bankruptcy sales of its business units totaling almost $100 million in value

Client Testimonial

TM Capital's focus, dedication and skill were key to our successful and timely completion of these complex transactions despite unprecedented challenges in the markets we serve.”
 Craig Steinke, CEO, GPX International Tire Corp.