PE shops strike $6B tire deal
March 8, 2021- Share:
A group of investors including BayPine and TSG Consumer Partners has agreed to acquire a majority stake in Mavis Tire Express from Golden Gate Capital, with previous reports indicating the deal would value the New York-based tire specialist at around $6 billion. Golden Gate formed the company in 2018 through a merger of Mavis Discount Tire and Express Oil Change & Tire Engineers.
- Share:
-
-
-
-