American Tire Distributors Inc. is buying the Hercules Tire & Rubber Co.
Findlay, Ohio-based Hercules markets replacement tires through 15 distribution centers in the U.S. and six centers in Canada. The company also markets Hercules-branded products. Terms of the deal were not disclosed.
American Tire supplies tires to the North American replacement market through 130 distribution centers.
The deal comes after several automotive parts transactions, including Z Capital Partners LLC’s purchase of auto parts provider MSD Performance Group, and Apax Partners’ deal for Rhiag-Inter Auto Parts Italia SpA.
BlackArch acted as Hercules' financial adviser on the deal.