Mavis Acquires NTB and Tire Kingdom Company-Owned Retail Stores from TBC Corporation

Mavis Tire Express Services to Acquire Pep Boys for $700 Million

July 21, 2026

Transportation

Mavis Tire Express Services Corp. will acquire The Pep Boys-Manny, Moe & Jack Holding Corp. for approximately $700 million in cash, via a Mavis subsidiary. The deal expands Mavis’s footprint, particularly across the Western United States, and is expected to close in the coming months subject to customary conditions. Icahn Enterprises will retain Pep Boys’ owned real estate previously transferred to Icahn and also keep other automotive service businesses (AAMCO Transmissions and Precision Tune Auto Care) that are not included in the transaction.

Mavis Tire Acquires Midas from TBC Corporation

June 16, 2025

Automotive

Mavis Tire Express Services Corp. completed the acquisition of Midas from TBC Corporation, expanding Mavis's retail footprint to more than 3,500 locations across the United States and Canada. Midas will remain a standalone brand headquartered in Palm Beach Gardens, Florida, and the transaction strengthens Mavis's position in the North American automotive repair and maintenance market.

Discount Tire Acquires Dunn Tire Retail and Service Operations

October 2, 2023

Retail

Discount Tire (The Reinalt-Thomas Corporation) acquired the retail tire and automotive maintenance operations of Dunn Tire, closing Sept. 30, 2023. The deal adds 25 Dunn Tire locations across western and central New York and Pennsylvania, expanding Discount Tire's retail footprint and full-service offerings for retail, fleet and B2B customers.

Tire Discounters Acquires The Tire Barn

May 25, 2023

Automotive

Tire Discounters has acquired The Tire Barn, a second-generation, family-owned tire shop in Gainesville, Georgia. The acquisition adds a new Gainesville location and increases Tire Discounters' Georgia footprint to 22 stores as the company continues expansion across the Atlanta metro and greater Georgia.

Mavis Tire Express Services Corp. to Acquire Tuffy Tire & Auto Service Centers

December 16, 2021

Transportation

Mavis Tire Express Services Corp. agreed to acquire Tuffy Tire & Auto Service Centers, a full-service automotive repair and maintenance franchise operator. The combined company will expand Mavis’s presence with Tuffy’s 165 service centers while keeping Tuffy headquartered in Toledo, Ohio and preserving the ownership/operation of franchise-owned stores by their respective franchisees.

BayPine- and TSG-Led Investor Group Recapitalizes Mavis Tire Express Services

May 5, 2021

Automotive

An investor group led by BayPine LP in partnership with TSG Consumer Partners and existing equity-holder West First Management has entered into a definitive agreement to acquire (recapitalize) Mavis Tire Express Services Corp., with Golden Gate Capital retaining a minority stake. The transaction, which also includes participation from StepStone Group and financing led by Jefferies and Owl Rock Capital, will support Mavis' digital transformation, continued consolidation strategy and geographic expansion of its multi-location automotive service platform.