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

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.

Midas International Acquires Max Auto Supply Company

December 18, 2025

Automotive

Midas International, LLC has acquired Max Auto Supply Company, a long-standing Midas franchisee that operates 111 service centers across six U.S. states. Max Auto, headquartered in Toledo, Ohio with over 650 employees, will continue operating as a standalone business under the Midas/Mavis platform to strengthen the group's retail service footprint.

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.

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

May 22, 2023

Retail

Mavis Tire Express Services Corp. agreed to acquire TBC Corporation's company-owned retail portfolio, comprising 392 NTB Tire & Service Centers and 203 Tire Kingdom Service Centers, expanding Mavis's retail footprint. The deal allows TBC to focus on its wholesale, distribution and franchise businesses while Mavis accelerates its growth and geographic expansion across the Midwest, mid-Atlantic, Florida and Texas; financial terms were not disclosed.

Sun Auto Tire & Service Acquires Bruce's Tire & Auto Service

December 1, 2022

Automotive

Sun Auto Tire & Service, Inc. has acquired Bruce's Tire & Auto Service, a Fremont, California-based local tire specialist and repair center. The acquisition — advised by FOCUS Investment Banking for Bruce's Tire — expands Sun Auto's network to more than 350 locations and aims to retain local employees while leveraging Sun Auto's systems and purchasing power to support growth.

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.