Troutman Pepper Advises American Tire Distributors in Sale of Canadian Subsidiary to Groupe Touchette

CHARLOTTE, N.C. – Troutman Pepper client American Tire Distributors, Inc. (ATD) recently completed the sale of its Canadian subsidiary, National Tire Distributors, Inc. (NTD), to Groupe Touchette Inc. (Groupe Touchette). Read a company press release about the strategic transaction.

ATD will continue supporting NTD and Groupe Touchette through its new commercial relationship, under which ATD will supply the combined company with its proprietary Hercules and Ironman brand tires and make its advanced analytics software and productivity-enabling tools available to Groupe Touchette’s network.

“It is always a pleasure to work with long-time client American Tire Distributors, and we are proud to have assisted in this important value-creating transaction involving the carveout of its Canadian operations,” said Troutman Pepper Partner Chad Warpula.

ATD is one of the largest independent suppliers of tires to the replacement tire market. It operates more than 115 distribution centers serving approximately 80,000 customers across the United States.

The Troutman Pepper team advising ATD was led by Chad Warpula and included Mason Bayler, David Carter, and Chelsea MacArthur (Corporate) and Howard Goldberg and Joel Post (Tax). The firm has counseled ATD since 2015, and Warpula has represented ATD since 1999, including actively serving as ATD’s General Counsel as part of the ATD management team.

Consistently recognized as a top-tier national practice, Troutman Pepper’s corporate attorneys regularly handle multimillion- and multibillion-dollar transactions. Core areas of service include capital markets transactions and other significant domestic and cross-border transactions, mergers and acquisitions, corporate governance, securities laws compliance, and corporate finance. The firm has particular expertise in the private equity and private fund services space, advising clients on matters from fund formation to investments and exit transactions.

About Troutman Pepper
Troutman Pepper is a national law firm with more than 1,200 attorneys strategically located in 23 U.S. cities. The firm’s litigation, transactional, and regulatory practices advise a diverse client base, from start-ups to multinational enterprises. The firm provides sophisticated legal solutions to clients’ most pressing business challenges, with depth across industry sectors, including energy, financial services, health sciences, insurance, and private equity, among others. Learn more at troutman.com.