Explore All 458 Divestiture Automotive Deals - Search the Database Free
M&A Deal Summary |
|
|---|---|
| Date | June 16, 2025 |
| Target | Midas |
| Sector | Automotive |
| Buyer(s) | Mavis Discount Tire |
| Sellers(s) | TBC |
| Deal Type | Divestiture |
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| Category | Company |
|---|---|
| Founded | 1972 |
| Sector | Automotive |
Mavis Discount Tire is an independent tire and automotive service provider in the United States, operating service centers across multiple states. The company sells tires from a broad range of brands and provides repair and maintenance services, including brakes, alignments, suspension, shocks, and exhaust services. Mavis Discount Tire was founded in 1972 and is based in New York, New York.
| Deal Context for Buyer | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Automotive | 2 of 2 |
| Type: Divestiture | 1 of 1 |
| State: Illinois | 1 of 1 |
| Country: United States | 2 of 2 |
| Year: 2025 | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-12-16 |
Tuffy Tire & Auto Service
Toledo, Ohio, United States Tuffy Tire & Auto Service is an automotive repair service business with both corporate-owned and franchise locations across the U.S. Tuffy Tire & Auto Service is based in Toledo, Ohio. |
Buy | - |
TBC Corporation is a marketer of automotive replacement tires through wholesale and franchise operations. TBC serves wholesale customers in the United States, Canada, Mexico and South America, through TBC Brands, NTW, TBC International, and TBC de Mexico. TBC Corporation was formed in 1956 and is headquartered in Palm Beach Gardens, Florida.
| Deal Context for Seller | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Automotive | 1 of 1 |
| Type: Divestiture | 1 of 1 |
| State: Illinois | 1 of 1 |
| Country: United States | 1 of 1 |
| Year: 2025 | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-05-01 |
Midas
Itasca, Illinois, United States Midas is a franchise brand and provider of automotive repair and maintenance services at approximately 2,000 franchised and licensed Midas locations in nearly 20 countries, with approximately 1,200 across the United States and Canada. Midas is known for its industry-leading guarantees. Midas was founded in 1954 and is based in Itasca, Illinois. |
Buy | $310M |