U.S. AutoForce LLC has finalized an agreement to acquire Max Finkelstein Inc. The deal is expected to close on Jan. 31. Max Finkelstein will operate as a division of U.S. AutoForce "under the management of the current leadership team," say U.S. AutoForce officials.
Mavis Tire Express Services Corp. is buying Tuffy Tire & Auto Service Centers, a business with both corporate-owned and franchise locations across the U.S. The addition of 165 Tuffy stores to the Mavis portfolio gives it more than 1,200 automotive locations in 35 states.
The pace at which Sun Auto Tire & Service has been acquiring tire dealerships and auto service chains “has been pretty rapid,” says Chris Garman, the Tucson, Ariz.-based company’s vice president of business development.
What's next for the largest independent tire dealership in the U.S. and its newest acquisition, the industry's largest online tire seller? Experts weigh in on the future of this "earth-shattering" combination in this MTD exclusive.
Two of the largest names in the tire industry will become one. Discount Tire, the largest independent tire dealer in the U.S. with 1,100 stores, is acquiring Tire Rack, the industry's oldest and largest online tire seller.
Percheron Capital, the parent company of Big Brand Tire & Service, has acquired American Tire Depot's retail stores. Based in Vernon, Calif., American Tire Depot has 107 retail outlets, according to the 2021 MTD 100.
With a new majority owner, Sun Auto Tire & Service expects to continue acquiring tire dealerships at a brisk clip. And the company is looking beyond its traditional geography, says Chris Garman, who oversees Sun Auto Tire's merger and acquisition activities.
Within a five-month span, Indy Tire Centers Inc. dba Best-One of Indy is set to acquire its third tire dealership in Indiana. On Sept. 1 the company will take over operations of Robinson Tire & Auto Service in Lafayette.