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GPX International Tire Corp. is a $300 million independent global manufacturer of specialty tires |
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GPX was formed in 2005 through the merger of Galaxy Tire & Wheel and Dynamic Tire Corp. and subsequently completed a $41 million minority recapitalization with Sterling Investment Partners |
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GPX retained TM Capital as its advisor regarding the proposed acquisition of Maine Industrial Tires Limited (MITL) a portfolio company of Hammond, Kennedy, Whitney & Company, Inc. |
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MITL is a manufacturer & distributor of solid industrial tires used in heavy duty industrial applications |
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TM Capital assisted GPX in negotiating and completing the acquisition of MITL |
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