M&A Deal Summary

Bridgestone Americas Acquires TireConnect Systems

On October 22, 2015, Bridgestone Americas acquired software company TireConnect Systems

Acquisition Highlights
  • This is Bridgestone Americas’ 1st transaction in the Software sector.
  • This is Bridgestone Americas’ 1st transaction in Canada.
  • This is Bridgestone Americas’ 1st transaction in Ontario.

M&A Deal Summary
Date 2015-10-22
Target TireConnect Systems
Sector Software
Buyer(s) Bridgestone Americas
Deal Type Add-on Acquisition

Target

TireConnect Systems

Richmond Hill, Ontario, Canada
website
TireConnect Systems is a software company that supports tire dealers and distributors in North America (primarily Canada) with a turn-key, online tire sales tool featuring ecommerce capabilities.

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Buyer(S) 1

Buyer

Bridgestone Americas

Nashville, Tennessee, United States

website

Category Company
Founded 1990
Sector Automotive
DESCRIPTION

Bridgestone Americas engages in tire manufacturing and wholesale and original equipment sales operations across a broad line of products, including consumer, commercial truck and bus, agricultural, and off road tires.

DEAL STATS #
Overall 2 of 3
Sector (Software) 1 of 1
Type (Add-on Acquisition) 2 of 3
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-12-05 Bandag

Muscatine, Iowa, United States

Bandag, Inc. a supplier of rubber used by its franchisees for the retreading of tires, mostly for trucks and buses. The company manufactures precured tread rubber, equipment, and supplies for the retreading of tires by means of a patented "cold" bonding process.

Buy $1.1B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-23 Bridgestone Firestone Venezolana CA

Los Guayos, Venezuela

Bridgestone Firestone Venezolana CA is an automotive and commercial vehicle original equipment manufacturer.

Sell -
Mergr

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