Investment Summary

Gemini Investors and Hicks Holdings Exits Just Brakes

On January 23, 2017, Pep Boys - Manny Moe & Jack invested in automotive company Just Brakes from Gemini Investors and Hicks Holdings

Investment Highlights
  • This is Pep Boys - Manny Moe & Jack’s 1st transaction in the Automotive sector.
  • This is Pep Boys - Manny Moe & Jack’s 4th transaction in the United States.
  • This is Pep Boys - Manny Moe & Jack’s 1st transaction in Texas.

Investment Summary

Date 2017-01-23
Target Just Brakes
Sector Automotive
Investor(s) Pep Boys - Manny Moe & Jack
Sellers(s) Gemini Investors
Hicks Holdings
Deal Type Add-on Acquisition

Target

Just Brakes

Dallas, Texas, United States
Just Brakes is a retail provider of automotive brake and maintenance services.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Investor(S) 1

Investor

Pep Boys - Manny Moe & Jack

Philadelphia, Pennsylvania, United States

Category Company
Founded 1921
Sector Retail
Employees19,000
Revenue 2.1B USD (2015)
DESCRIPTION

Pep Boys - Manny, Moe & Jack is an automotive aftermarket chain. With over 7,500 service bays in over 800 locations in 35 states and Puerto Rico, Pep Boys offers name-brand tires; automotive maintenance and repair; parts and expert advice for the Do-It-Yourselfer; commercial auto parts delivery; and fleet maintenance and repair.


DEAL STATS #
Overall 4 of 8
Sector: Automotive M&A 1 of 5
Type: Add-on Acquisition M&A Deals 3 of 7
State: Texas M&A 1 of 1
Country: United States M&A 4 of 7
Year: 2017 M&A 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-09-06 AKH - 17 Discount Tire Centers

United States

AKH - 17 Discount Tire Centers is a provider of automotiveretail business. These wer are located throughout the greater Los Angeles market, from Bakersfield to Orange County.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-15 Mathis Tire & Auto Service

Memphis, Tennessee, United States

Mathis Tire & Auto Service is a goodyear dealer in business. Mathis Tire & Auto Service was founded in 1993 and is based in Memphis, Tennessee.

Buy -

Seller(S) 2

SELLER

Gemini Investors

Wellesley, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1993
PE ASSETS 700M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Gemini Investors is a middle-market private equity firm that targets investments in growing and established businesses. Areas of interest include technology, business services, consumer services, healthcare, education, manufacturing and distribution. Gemini looks for companies with $5 to $50 million in annual revenue and typically makes investments of $3 to $8 million in the form of preferred stock and/or subordinated debt. Prospective transaction types include growth capital, recapitalization and buyout situations. Gemini Investors was formed in 1993 and is based in Wellesley, Massachusetts.


DEAL STATS #
Overall 34 of 53
Sector: Automotive M&A 2 of 2
Type: Add-on Acquisition M&A Deals 13 of 25
State: Texas M&A 3 of 4
Country: United States M&A 34 of 53
Year: 2017 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-21 Scotia Technology

Laconia, New Hampshire, United States

Scotia Technology is a designer and manufacturer of small-diameter precision fixed tubular components for the aerospace and defense industries primarily to transfer fuel, oil, air, water, and hydraulic fluids.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-01 Skin & Beauty Center

Burbank, California, United States

Skin & Beauty Center is a Southern California dermatology practice offering medical, surgical, and cosmetic dermatology services across five clinic locations. Skin & Beauty Center was founded in 2006 and is based in Burbank, California.

Buy -
SELLER

Hicks Holdings

Dallas, Texas, United States

Category Private Equity Firm
Founded 2005
Size Small
Type Sector Agnostic
DESCRIPTION

Hicks Holdings is the family office that owns and operates the Hicks Family Assets. Hicks Holdings consists of Hicks Sports Group, Hicks Equity Partners, Hicks Real Estate Partners, and Hicks Trans American Partners. Hicks Equity Partners (HEP) is the private equity unit and generally seeks investment opportunities in media, branded foods, consumer products, energy, and industrials. HEP looks for established companies with strong cash flows and proven track records. Typical transactions include divestitures, acquisitions of private or public companies, growth financings, and distressed/special situations. Hicks Equity Partners along with the rest of Hicks Holdings is located in Dallas, Texas.


DEAL STATS #
Overall 5 of 5
Sector: Automotive M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
State: Texas M&A 3 of 3
Country: United States M&A 5 of 5
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-12 Just Brakes

Dallas, Texas, United States

Just Brakes is a retail provider of automotive brake and maintenance services.

Buy -