The Hercules Tire & Rubber Company (“Hercules Tire” or the “Company”) retained BlackArch Partners to manage the sale of the Company, seeking to leverage BlackArch’s deep expertise and experience in the automotive aftermarket and distribution sectors.
BlackArch ran a targeted process, focusing a select group of strategic buyers on game-changing synergy potential and Hercules Tire’s position as the only company in the world that combines a powerful private brand with North American wholesale distribution.
Hercules Tire was sold to American Tire Distributors (“ATD”), a portfolio company of TPG Capital and one of the largest independent suppliers of replacement tires in North America, for an announced transaction value of approximately $310 million plus up to $10 million of contingent additional consideration.