Quarton International is pleased to announce that Coker Tire has been acquired by Irving Place Capital. Quarton International acted as the exclusive investment banking advisor to the Company in this transaction.
Coker Tire is an iconic company in the automotive aftermarket and the largest worldwide manufacturer and supplier of tires and wheels for classic vehicles. Coker Tire is renowned as the pioneer of the vintage and classic tire industry, catering to enthusiasts around the world who have a passion for classic cars. The Company was founded in 1958 and is headquartered in Chattanooga, Tennessee. More information: www.cokertire.com.
Irving Place Capital is a middle market private equity firm, based in New York, New York, that focuses on investing in the consumer, industrial, and packaging sectors. Since its founding in 1997, Irving Place Capital has invested in over 60 portfolio companies. The firm focuses on making control or entrepreneur-driven investments where it can apply its substantial operating and strategic resources and expertise to enhance value. More information: www.irvingplacecapital.com.