In this study, TiB2–TiC, TiB2–TiC-GNP, and TiB2-TiC-BN composites were produced via spark plasma sintering (SPS). The densification and sintering behavior, phase and Raman spectroscopy analyses, microstructural properties, Vickers microhardness, and wear behavior of the binary and ternary composites were investigated. The addition of various amounts of TiC to TiB2 resulted in nearly complete densification. The TiB2–TiC-GNP specimens exhibited a relative density of more than 99 %; in contrast, the addition of BN did not contribute to the densification. The Vickers hardness of the GNP-added composites was ∼25 GPa, whereas hBN addition to the matrix decreased the hardness to ∼22 GPa (∼9 % decrease). According to the wear test, the addition of GNPs did not result in a significant change in the TiB2–TiC matrix; however, the addition of hBN increased the specific wear rate of the matrix by ∼100 %. The GNPs did not have a negative effect on the densification, microstructural, or mechanical properties, such as the Vickers hardness and wear resistance. Hence, they were determined to be a more suitable sintering aid for matrix composition than hBN.