Audax Private Equity Invests in Dobbs Tire & Auto Centers

Dobbs Tire & Auto Centers Acquires Automotive Super Center

October 10, 2024

Automotive

Dobbs Tire & Auto Centers, a PE‑backed regional tire and automotive service platform headquartered in High Ridge, Missouri, has acquired Automotive Super Center (ASC), a multi-location automotive repair and tire retailer based in Longview, Texas. The deal marks Dobbs' first buy‑and‑build add‑on as it expands into the Texas market and grows its store footprint.

Dobbs Tire & Auto Centers Acquires Conrad's Tire Express and Total Car Care

March 6, 2025

Automotive

Dobbs Tire & Auto Centers has acquired Cleveland-based Conrad's Tire Express and Total Car Care, adding 39 locations in northeast Ohio to Dobbs' existing footprint. The deal expands Dobbs' retail and service presence to 97 stores across Missouri, Ohio, Illinois, and Texas and aims to strengthen operational capabilities while retaining Conrad's management team.

Audax Private Equity Acquires Majority Stake in Lanter Delivery Systems

February 7, 2025

Logistics & Distribution

Audax Private Equity has acquired a majority stake in Lanter Delivery Systems from Equity Group Investments. Lanter, based outside St. Louis, operates a nationwide overnight, unattended delivery network serving automotive, agriculture, heavy-truck and industrial customers; Audax plans to invest in the network and technology to accelerate growth and expand end markets.

Audax Private Equity Invests in Stout

October 28, 2021

Professional Services

Audax Private Equity has agreed to make a minority growth investment in Stout alongside the firm’s employee shareholders, with existing shareholders retaining a meaningful equity stake and management continuing to lead. The capital will support Stout’s future growth initiatives, including pursuing strategic add-on acquisitions; the transaction was expected to close in Q4 2021.

Audax Private Equity Acquires Majority Stake in Covercraft Industries

August 24, 2021

Manufacturing

Audax Private Equity acquired a majority stake in Covercraft Industries from Century Park Capital Partners. Covercraft, a Pauls Valley, Oklahoma–based manufacturer of custom vehicle protection products, will partner with Audax to pursue organic growth and buy‑and‑build add-on acquisitions.

Audax Strategic Capital Invests in Strickland Brothers

January 2, 2026

Automotive

Audax Strategic Capital made a structured, non-control equity investment in Strickland Brothers, the Princeton Equity Group-backed quick-lube and automotive maintenance platform, to fund M&A activity and support national expansion. The financing (part of a broader $360 million committed financing led by Golub Capital) closed in early January 2026; financial terms were not disclosed.