Liberty Tire Recycling Acquires Lakin Tire
March 16, 2020
Liberty Tire Recycling, with support from majority equity sponsor The Carlyle Group (via Carlyle Strategic Partners IV), has acquired Lakin Tire, a Santa Fe Springs–based tire removal and recycling company. The deal combines complementary operations to expand Liberty's national footprint, enhance recycling capacity and capabilities, and retain Lakin leadership (Bob and Sean Lakin) with Bob Lakin retaining an equity stake and joining Liberty's management team.
- Buyers
- Liberty Tire Recycling, The Carlyle Group (Carlyle Strategic Partners IV)
- Targets
- Lakin Tire
- Platforms
- Liberty Tire Recycling
- Industry
- Environmental Services
- Location
- California, United States
- Transaction Type
- Addon
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