Bonderman's TPG Said to Be in Talks to Buy American Tire for $1.2 Billion

TPG Inc., David Bonderman’s private-equity firm, is in talks to buy American Tire Distributors Holdings Inc. for about $1.2 billion from a group of private-equity firms, according to two people with knowledge of the discussions.

An agreement may be announced as early as this week, said the people, who declined to comment because the talks are private. American Tire’s current owners include Investcorp SA, Berkshire Partners LLC, and Greenbriar Equity Partners LLC.

TPG spokesman Owen Blicksilver declined to comment. Messages left at Investcorp, Berkshire Partners and Greenbriar were not immediately returned.

To contact the reporter on this story: Cristina Alesci in New York at;

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.