McCarthy Tire Service Co. Inc. has purchased the assets of Tire Sales LLC to bolster its service to off-the-road and industrial tire customers from Philadelphia to Baltimore.
Tire Sales LLC is the tire division and an affiliate of The TSS Group LLC, which services quarry and aggregate mining plants. In the deal, which was finalized May 12, the products and service operations from Tire Sales will be merged into McCarthy's commercial locations in Levittown and Trainer, Pa. All five service team employees are joining McCarthy Tire Service.
“Adding the Tire Sales tire team to the McCarthy Tire family will strengthen our service to our off-the-road (OTR) and industrial customers in the New Jersey-Philadelphia-Baltimore corridor,” says John McCarthy Jr., president of McCarthy Tire Service. “Tire Sales, previously owned by the Morrone family, shares our ‘service the customer’ philosophy. We anticipate a seamless transition.”
Financial terms of the acquisition were not announced.
“For over 30 years, we have serviced our customers with the greatest commitment and attention to detail,” said John Morrone Jr., president and CEO of Tire Sales. “We look forward to transitioning our relationships to the McCarthy Tire Service family, who shares our values to customer service. I feel that our customers will remain in good hands with the McCarthy family.”
Morrone's father, John Morrone Sr., led the company until his death in 2015. In 1996 his son joined the business. The TSS Group LLC will now focus on services related to quarry maintenance and fabrication, as well as quarry personnel, short- and long-term staffing, mobile heavy equipment repair, hydraulics repair, and hose repair sales and service.