Sold: 2015
Location: Throughout US and Canada

Started as part of LWS III, Laurel took the business over solely in 2002, acquired a few additional companies and then in 2004 partnered with a private equity firm, Park Avenue Associates. Over the course of the next four years we acquired more than two dozen companies and then sold the business to American Securities Capital late in 2008. By 2012, the company grew from about $120m to more than $330m revenue with 2000 employees at 30 plants processing approximately 140 million tires annually. Liberty Tire processes about 40% of North America’s scrap tires. Laurel sold its interests in early 2015.