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  5. DTM Acquires TyreWatch

M&A Deal Summary

DTM Acquires TyreWatch

On July 13, 2021, DTM acquired automotive company TyreWatch

Acquisition Highlights
  • This is DTM’s 1st transaction in the Automotive sector.
  • This is DTM’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2021-07-13
Target TyreWatch
Sector Automotive
Buyer(s) DTM
Deal Type Add-on Acquisition

Target

TyreWatch

Basingstoke, United Kingdom
TyreWatch provides digital tyre management services to monitor and manage the wheels and tyres of HGVs and public service vehicles. Since its establishment, the company has grown to support clients across the UK, Europe, the Middle East, Africa and Australia. TyreWatch was formed in 2017 and is based in Basingstoke, United Kingdom.

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Buyer(S) 1

Buyer

DTM

Blackpool, United Kingdom
Category Company
Founded 2004
Sector Automotive
DESCRIPTION

DTM is an independent tyre management company formed specifically to work with customers giving them a real choice of brand and service provider. Typically the service demands of customers in today's market are numerous; therefore invariably the requirement to use numerous different options exists but is too complex and time-consuming for the customer to manage. DTM was founded in 2004 and is based in Blackpool, United Kingdom.

DEAL STATS #
Overall 1 of 1
Sector: Automotive M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2021 M&A 1 of 1
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