Founded in 1952 by Butch Raben, Raben Tire grew from one location in Evansville, Indiana to one of the largest tire and service companies in the Midwest. Raben Tire offers new and retreaded tires as well as automotive services to retail, commercial and wholesale customers. The company operates 28 stores, two wholesale distribution centers, and three retreading facilities across five Midwestern states. Raben Tire carries a diverse product portfolio including passenger, truck, farm, off road, and motorcycle tires. In December 2014 Palladium Equity Partners, a private investment firm with over $2.5 billion in assets under management, made a significant investment in Raben Tire, in partnership with the Raben family, to help accelerate the company's growth. Palladium Equity Partners shares the vision of growing Raben's tire and service business by expanding the Raben Tire footprint within Raben's existing markets and also adjacent markets across the United States.