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Announced

Bain Capital invested in Dealer Tire

Synopsis

Bain Capital, one of the world’s leading private multi-asset alternative investment firms, invested in Dealer Tire, a national leader in replacement tire and parts distribution for automotive dealerships. The stake in the target was acquired from Lindsay Goldberg, a private investment firm. Financial terms were not disclosed. “Dealer Tire has a unique value proposition that employs innovation and technology solutions to help customers and partners seize the significant opportunities in tire replacement sales and service,” said Joseph Robbins, a Managing Director at Bain Capital Private Equity. “We are excited to partner with the Mueller family and the talented management team they have assembled as they continue to expand the company’s platform to support dealers, OEMs, tire manufacturers and web-based customers in accelerating their growth in this vibrant industry sector.”

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