Retail

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Sun Auto Tire Gets New Majority Investor and CEO

Los Angeles, Calif.-based private equity firm Leonard Green & Partners is now a majority investor in Sun Auto Tire & Service. Tony Puckett will join Sun Auto as the company's new CEO, replacing Frank Kneller, who has stepped down to "pursue other opportunities," according to a statement from Sun Auto.


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Bridgestone Invests in Mobile Vehicle Service Company

Bridgestone Americas Inc. has purchased 10% share in Wrench, a mobile vehicle services company. The partnership "paves the way" for the companies to "explore synergies in their service offerings, including pairing Bridgestone's 2,200-plus company-owned stores with Wrench's complementary mobile services marketplace."


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