Global, Industrials | Mergers & Acquisitions

GPX Merger

  • Galaxy Tire & Wheel, Inc. is a privately-held, Boston, MA based global producer of purpose built, application-specific tires for off-the-road equipment and other agricultural and industrial markets
  • Galaxy retained TM Capital to advise it on alternatives to build critical mass in the global specialty tire industry
  • TM assisted Galaxy 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 of Galaxy and Dynamic created GPX International Tire Corp., a $300 million independent global manufacturer of specialty tires
  • TM Capital subsequently assisted GPX in completing a $41 million minority recapitalization with Sterling Investment Partners

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