M&A Deal Summary

Mavis Tire Supply Acquires Somerset Tire Service

On August 5, 2015, Mavis Tire Supply acquired retailer Somerset Tire Service for 48M USD

Acquisition Highlights

This is Mavis Tire Supply’s 1st transaction in the Retail sector.
This is Mavis Tire Supply’s largest (disclosed) transaction.
This is Mavis Tire Supply’s 1st transaction in the United States.
This is Mavis Tire Supply’s 1st transaction in New Jersey.

M&A Deal Summary
Date	2015-08-05
Target	Somerset Tire Service
Sector	Retail
Buyer(s)	Mavis Tire Supply
Deal Type	Add-on Acquisition
Deal Value	48M USD

Target

Somerset Tire Service

Bridgewater, New Jersey, United States

Somerset Tire Service, Inc. (STS Tire & Auto Centers) is a tire and automotive service company.

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Buyer(S) 1

Buyer

Mavis Tire Supply

Millwood, New York, United States

Category	Company
Founded	1949
Sector	Retail

DESCRIPTION

Mavis Discount Tire is an independent tire retailer and wholesaler.

DEAL STATS	#
Overall	1 of 1
Sector (Retail)	1 of 1
Type (Add-on Acquisition)	1 of 1
State (New Jersey)	1 of 1
Country (United States)	1 of 1
Year (2015)	1 of 1
Size (of disclosed)	1 of 1