Ropes & Gray Represents Tire Distributor Max Finkelstein in Sale to U.S. AutoForce
Ropes & Gray advised tire distributor Max Finkelstein Inc. in its sale to U.S. AutoForce and will operate as a division of U.S. AutoForce. The transaction was announced on January 21 and financial terms were not disclosed.
Astoria, New York-based Max Finkelstein, Inc. has grown to become one of the largest independent wholesale tire distributors in the country. It currently operates 15 distribution centers in the Northeast and Mid-Atlantic regions. With this deal, U.S. AutoForce, a division of U.S. Venture, will operate 62 distribution centers servicing 45 states and distribute all major tire brands.
The Ropes & Gray team was led by mergers & acquisitions partners Zach Blume and Jane Goldstein (both of Boston) and mergers & acquisitions associates Bryan Lowrance (Boston) and Matthew Stylianou (New York) and included tax partner Pam Glazier (Boston), IP transactions partner Erica Han (Boston), litigation & enforcement partner Samer Musallam (Washington, D.C.), employment & benefits partner Jen Cormier (Boston), private equity partner Kevin Jarboe (Boston), employment & benefits senior counsel Dave Mandel (Boston), real estate counsel Chrystal LaRoche (New York) and litigation & enforcement counsel Steve Kaye (Boston).