M&A Deal Summary

Michelin North America Acquires Streetwise Maps

On September 1, 2017, Michelin North America acquired publishing company Streetwise Maps

Acquisition Highlights
  • This is Michelin North America’s 1st transaction in the Publishing sector.
  • This is Michelin North America’s 1st transaction in the United States.
  • This is Michelin North America’s 1st transaction in Florida.

M&A Deal Summary

Date 2017-09-01
Target Streetwise Maps
Sector Publishing
Buyer(s) Michelin North America
Deal Type Add-on Acquisition

Target

Streetwise Maps

Sarasota, Florida, United States
Streetwise Maps, Inc. is a laminated city-map publisher in the United States, stand to become the third-largest U.S. map publisher. Streetwise Maps was founded in 1984 and is based in Sarasota, Florida.

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Buyer(S) 1

Buyer

Michelin North America

Greenville, South Carolina, United States

Category Company
Founded 1950
Sector Automotive
DESCRIPTION

Michelin North America, Inc. is a designer, manufacturer and seller of tires for every type of vehicle, including airplanes, automobiles, bicycles, earthmovers, farm equipment, heavy-duty trucks and motorcycles. The company also publishes travel guides, hotel and restaurant guides, maps and road atlases.


DEAL STATS #
Overall 1 of 2
Sector (Publishing) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Florida) 1 of 1
Country (United States) 1 of 2
Year (2017) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-18 Lehigh Technologies

Tucker, Georgia, United States

Lehigh Technologies, Inc. is a manufacturer of micronized rubber powders (MRP). Lehigh's rubber powders are re-engineered from industrial waste rubber using a cryogenic process protected through various patents and trade secrets.

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