Art Blumenthal LLC, a business broker that specializes in the automotive aftermarket, has redesigned its website with more resources to help those buying and selling tire stores and auto service centers.
Jeff Pohlman Tire & Auto Service Inc., a 28-year-old family owned and operated business with five locations in Ohio, has been acquired by Monro Inc.
There's another big change afoot in the North American tire distribution landscape. This time, it's in Canada. Groupe Touchette Inc. is acquiring Atlas Tire Wholesale Inc. The combined companies expect sales to reach between $550 million and $650 million.
Sophisticated buyers want to know everything about your business before acquiring it so they can be responsible to their shareholders and investors, as well as plan for an effective integration after the sale closes.
Cisneros Corp. has unified the Momo, Weld Racing and other aftermarket performance and racing brands under a single entity called MW Company.
Telle Tire & Auto Service Inc. has acquired two more stores and crossed a major goal off its list — expand beyond the St. Louis metro market.
Strategic and financial buyers want to know everything about your business before acquiring it so they can be responsible to their shareholders and investors, as well as plan for an effective integration after the sale closes.
With the combination of private equity-owned Mavis Tire Supply Corp. and Express Oil Change & Tire Engineers (Express Oil Change LLC), it’s a good time for tire dealers to understand how private equity plays the acquisition game differently than strategic acquirers like Monro Inc.
The owners of Mavis Discount Tire stores and Express Oil Change & Tire Engineers outlets have agreed to merge their automotive service and tire retailing outlets. The merger will create an independent automotive service platform of more than 830 outlets in the U.S.
PitStop, a chain of 318 tire and auto service stores in Germany, has joined Point S Germany. The merger gives Point S 870 retail locations throughout Germany.
AP Emissions Technologies LLC (AP) and Centric Parts (Centric) will merge in the next 45 to 60 days.
The bidding over Pep Boys-Manny, Moe & Jack was similar to a boxing match, with Carl Icahn finally knocking out Bridgestone Americas Inc.
The offer for Pep Boys-Manny, Moe & Jack keeps getting higher. Bridgestone Americas Inc. has raised its bid for the company's outstanding shares of common stock from $15.50 to $17 a share. The new bid tops the $16.50 per share offered by Icahn Enterprizes L.P.