Industrials | Debt & Equity Recapitalizations, Mergers & Acquisitions

GPX Equity Recapitalization

  • TM Capital assisted GPX International Tire Corp., a $300 million independent global manufacturer of specialty tires, in completing a $41 million minority recapitalization with Sterling Investment Partners, a Connecticut-based private equity firm with over $800 million under management
  • Previous to the recapitalization, TM assisted Galaxy Tire & Wheel, Inc. in structuring and negotiating a merger with Dynamic Tire Corp., a Canadian global leader in specialty tire sourcing and design that has grown rapidly since its founding in 1997; the merger created GPX International Tire Corp.

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