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TRANSACTION ANNOUNCEMENT | DISTRIBUTION | JUNE 2022

SEATTLE, WA -- Alexander Hutton is pleased to announce the sale of Whalen Tire of Butte, Montana to Pomp’s Tire Service of Green Bay, Wisconsin

 

Regarding the transaction, Alexander Hutton Managing Director James Thompson said, “We are very pleased to have served the Whalen family in their sale to Pomp’s Tire Service, a family-owned chain of tire service centers located in Green Bay, Wisconsin. Due to Pomp’s continued geographical expansion, Whalen’s Montana-based footprint was ideal. Given the strong alignment and fit between the parties, we were thrilled to assist the Whalens throughout this transaction.”

Commenting on the work of Alexander Hutton, Whalen Tire President Tom Whalen said, "As a family business, it can be complicated finding a transaction that satisfies all parties.  The Alexander Hutton team appreciated that nuance and found us an ideal partner in Pomp’s Tire Service of Green Bay, Wisconsin.  While a much larger family business, Pomp’s gives our people the opportunity to continue to thrive.  Put simply, this was a complicated deal and we could not have done it without the Alexander Hutton team."

Paul Wochinske, President of Pomp’s Tire Service, said, “We are very pleased to expand our footprint into Montana and Washington, states that are experiencing significant post-pandemic growth. The Whalen family has built a very strong team of tire experts in ideal locations, and we expect to continue their long and successful track record serving customers.”

Legal counsel for the Whalen shareholders was Datsopoulos, MacDonald and Linde, while Pomp’s Tire Service was represented by Hager, Dewick & Zuengler, S.C. Financial terms of the transaction were not disclosed.

MORE ABOUT WHALEN TIRE

Headquartered in Butte, Montana, and with nine locations throughout the state and Spokane, Washington, Whalen Tire has been serving customers since 1961. The company offers nationally recognized tire brands including BFGoodrich, Bridgestone, Continental, Cordovan, Firestone, Greenball, Kumho, Michelin, Uniroyal and Yokohama.

MORE ABOUT POMP’S TIRE SERVICE

Founded in 1939, Pomp's Tire Service has grown to include over 120 locations in 11 states, 18 retread plants, one wheel manufacturing facility, and three original equipment manufacturing facilities. Pomp's Tire now consists of nearly 2,100 employees.

MORE ABOUT ALEXANDER HUTTON

Alexander Hutton is the oldest Middle Market Investment Banking firm in the Northwest. Since its founding in 1986, the firm has worked on behalf of entrepreneurs and boards of directors to help them divest and acquire their companies and to serve as their advocates to the complex capital markets. Alexander Hutton clients reflect the Northwest region’s global expertise in manufacturing, technology, services, healthcare, and logistics. With over 220 successful M&A transactions, Alexander Hutton have gained the appreciation and trust of clients by being strong, thoughtful and effective teammates.

For more details on this transaction, connect with the deal team:

James Thompson | Managing Director | jt@alexanderhutton.com

Stephen Humphreys | Senior Advisor | shumphreys@alexanderhutton.com

Shane Jansen | Vice President | sjansen@alexanderhutton.com

Bailey Robertstad | Analyst | brobertstad@alexanderhutton.com