Parties
Company
Walter Capital Partners Inc.
Company
MARTINS Industries
On September 5, 2024, Walter Capital Partners acquired a significant stake in MARTINS Industries, a global leader in tire and wheel equipment based in Farnham, Quebec. The transaction aimed to bolster MARTINS’ international expansion, particularly through acquisitions in the U.S. and Europe. President Martin Dépelteau emphasized that the partnership would accelerate their growth strategy, allowing MARTINS to capitalize on acquisition opportunities, especially as companies face succession challenges. Walter Capital Partners' Managing Partner, Eric Doyon, praised MARTINS' management team for their energy and ambition. This strategic investment builds on MARTINS' history of organic growth and previous acquisitions, including Canada's Magnum+ in 2019 and England's Checkpoint in 2022. MARTINS boasts a global distribution network spanning North America, Europe, and other regions.
BCF Business Law represented Walter Capital Partners Inc. in the transaction, while Dentons advised on the sale of all issued and outstanding shares of MARTINS Industries Inc. to Walter Capital Partners. The value of the transaction was not explicitly disclosed.
Deal Type
Merger & AcquisitionIndustry
TransportationTransaction
Undisclosed/ConfidentialDeal Status
ActiveClosing Date