News & Announcements

Weil Advises Lindsay Goldberg on its Investment in Dealer Tire, LLC

Weil is advising Lindsay Goldberg LLC on its investment in Dealer Tire, LLC, a Cleveland-based national tire distributor that provides program management, logistics and IT services to assist automobile manufacturers and their dealers in selling replacement tires and parts. A portion of the investment proceeds will be used to purchase the interests of TA Associates, who invested in Dealer Tire in 2009.

Headquartered in New York, Lindsay Goldberg is a New York private equity firm that has about $10 billion of capital under management and is focused on partnering with family owned and entrepreneur-led businesses seeking a partner to help actively build their businesses.

Headquartered in Cleveland, OH, Dealer Tire distributes replacement tires and parts for automotive manufacturers and dealers. They also help original equipment automobile manufacturers design, implement and manage profitable tire and parts programs for their dealerships, in turn increasing customer satisfaction, customer safety and customer retention. Through its 42 distribution centers, Dealer Tire manages replacement tire and parts programs for 23 automotive OEMs in the United States and 8 in Canada and serves more than 10,000 dealers.

The Weil team advising Lindsay Goldberg was led by Corporate partner Glenn West.  In addition, the team included Banking & Finance partner Courtney Marcus; Technology & IP Transactions partner Charan Sandhu; Executive Compensation & Employee Benefits partner Paul Wessel; Environmental partner Annemargaret Connolly; Environmental Counsel Matthew Morton; Antitrust counsel Vadim Brusser; Corporate associates David Gail, Samuel Peca and Michael Andrews; Banking & Finance associates Vynessa Nemunaitis and Brendan Conley; Technology & IP Transactions associates Adrian Perry and Lauren Springer (not yet admitted); Tax associate William Dong; Executive Compensation & Employee Benefits associates Steven Einhorn and Zahava Blumenthal; Insurance associate Gabriel Gershowitz; and Real Estate Attorney Leslie Smith.