Babcox Announces Partnership with Alta Communications - Tire Review Magazine

Babcox Announces Partnership with Alta Communications

(Akron/Tire Review) Babcox Publications announces it has sold a majority position of the company to Alta Communications, a Boston-based private equity firm.

Bill Babcox, current president of the company, retains a substantial ownership position and remains president and CEO, in addition to serving as chairman of the board.

“Alta has a proven track record financing strategic growth opportunities, making the company a terrific partner for us,” said Bill Babcox. “Our business has been on a successful growth track and we want to see that momentum continue. We’ve had many opportunities over the years to take on new partners. In this situation, we feel the timing is right and the chemistry with Alta creates an ideal opportunity to accelerate our growth. I am excited about the future of the company and what this means for our employees and customers.”

“We are thrilled about our newly formed relationship with Babcox,” said Phil Thompson, general partner of Alta Communications. “We feel like we’re backing the best team in the business and look forward to helping Babcox grow.”

About Alta Communications

Alta Communications (altacomm.com) is a Boston-based private equity firm formed in 1996 as part of a transition of venture capital firm Burr, Egan Deleage & Co. Alta’s founding partners, the former communications investing group of Burr, Egan Deleage, formed Alta Communications to focus exclusively on the media and telecommunications industries. Alta currently has approximately $1.5 billion of capital invested in more than 100 communication companies.

About Babcox Publications

Babcox Publications Inc. (babcox.com), which publishes Tire Review magazine, is a business-to-business magazine and custom publishing company serving both the automotive aftermarket and the truck fleet market. With a comprehensive mix of niche publications, Babcox has the unique ability to effectively and efficiently package and deliver top-quality integrated communication services.

You May Also Like

How tire traction and tread design affect tire performance

Even though tires might all look the same to some customers, you should inform them how tread design works to improve their experience.

TR-Continental-treaddesign

Nearly every aspect of the tire tread has the potential for customization to match specific driving conditions. Let’s talk about why recognizing the connection between tread design and tire traction, particularly in unique driving scenarios, is beneficial when telling customers about distinctions between tire performance.

Even though tires might all look the same to some customers, you should distinguish the differences between them, specifically with how tread design works to improve the driver experience. Take all-season and all-weather tires for example – these may be appropriate for many drivers across the country year-round, but in some climates, winter tires are the more appropriate recommendation.

Club 3633 nominations for 2024 are open

Club 3633 is an exclusive group of industry professionals that celebrates the next generation of innovators in the tire industry.

club3633-nominations-1400
Straightaway Tire brings on industry vets to promote training initiatives

John Wafler and Jason Servidio will drive platform-wide internal training initiatives for Straightaway Tire.

Straightaway-Tire-stock
TyreXpo Asia 2024 confirmed for Bangkok

The event is expected to attract over 4,000 international attendees from around 60 countries.

Hamaton to relocate its European distribution hub in Germany

The new location, still located on the Siemensring business park, will provide increased storage space and more.

Hamaton-New-Unit-Plan

Other Posts

Hankook Tire’s Rob Williams on leveraging momentum for global expansion

The company’s North America president tells all regarding product philosophy, dealer growth strategy, and what responding to the tire market means in 2024.

Hankook-Dealer-Meeting-Rob-Williams-QA-1400
Bill Ziegler, Ziegler Tire president, dies

Bill spent 48 years with Ziegler Tire, most recently as president.

Bill-Ziegler-600
Pirelli marks 50 million tires manufactured at Mexico plant

Since 2012, Pirelli has invested over $900 million in the plant.

Pirelli-mexico-factory-milestone
Falken tests new R/T, M/T tires at The King of the Hammers

Seven different competitors fit their vehicles with Wildpeak tires.

Falken-KOH-team