Tracked deals
4
4 tracked deals across 2021-2026.
White Plains, New York, United States
Mavis is a large multi-brand automotive tire retail and service platform operating more than 3,600 locations across the United States and Canada. Its services include tire sales and installation, brakes, alignments, suspension, oil changes, batteries, and other vehicle maintenance and repair.
Tracked deals
4
4 tracked deals across 2021-2026.
Recent pace
1
1 tracked deal announced in the last 12 months.
Deal mix
Buyout
3 buyout · 1 divestiture
Last 4 years
Supporting Data
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 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 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.
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.
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