MARTINS Industries, a global provider of equipment and supplies for tires and wheels based in Farnham, Quebec, has announced that Walter Capital Partners is now a major shareholder. This transaction is intended to support MARTINS as it implements its acquisition-based growth strategy to consolidate its position as a leader in its industry.
“With Walter Capital Partners, we can count on a remarkable partner to help us fast-track the implementation of our acquisition-based growth plan, mainly in the United States and Europe,” says Martin Dépelteau, president of MARTINS Industries. “As many companies are facing succession issues these days, we’ll be in a great position to explore and capitalize on acquisition opportunities.”
“We were impressed by the management team’s energy, ambition, and motivation,” says Eric Doyon, Managing Partner at Walter Capital Partners. “All members of the executive committee are shareholders who are just as eager as we are to keep MARTINS moving forward. With its extensive global distribution network, its track record of successfully integrating previous acquisitions, combined with our arrival as a strategic partner, everything is in place for MARTINS Industries to broaden its product range and continue its international expansion.”
Since its 2002 founding, MARTINS has experienced nonstop growth, first organically and then through strategic acquisitions, including Canada’s Magnum+ in 2019 and England’s Checkpoint in 2022. The company is an excellent platform for acquisitions. It offers opportunities to key people in such acquisitions to keep growing with it, as it did, for instance, with Checkpoint as a senior manager, became a shareholder, and a member of MARTINS’ executive committee.
MARTINS is known worldwide for its distribution network, which extends from Canada to the United States, the United Kingdom, Australia, the Middle East, and Europe. Its employees are located on both sides of the Atlantic.
