M&A Deal Summary

Pep Boys - Manny Moe & Jack Acquires Florida Tire - 10 service-and-tire centers

On October 13, 2009, Pep Boys - Manny Moe & Jack acquired retailer Florida Tire - 10 service-and-tire centers for 4M USD

Acquisition Highlights
  • This is Pep Boys - Manny Moe & Jack’s 1st transaction in the Retail sector.
  • This is Pep Boys - Manny Moe & Jack’s largest (disclosed) transaction.
  • This is Pep Boys - Manny Moe & Jack’s 1st transaction in the United States.
  • This is Pep Boys - Manny Moe & Jack’s 1st transaction in Florida.

M&A Deal Summary
Date 2009-10-13
Target Florida Tire - 10 service-and-tire centers
Sector Retail
Buyer(s) Pep Boys - Manny Moe & Jack
Deal Type Add-on Acquisition
Deal Value 4M USD

Target

Florida Tire - 10 service-and-tire centers

Florida, United States
Florida Tire has 10 service-and-tire centers in the Orlando market.

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Buyer(S) 1

Buyer

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 1 of 8
Sector (Retail) 1 of 3
Type (Add-on Acquisition) 1 of 7
State (Florida) 1 of 1
Country (United States) 1 of 7
Year (2009) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-05-05 Big 10 Tire Stores

Mobile, Alabama, United States

Big 10 Tire, Inc. operates as a tire retailing company in Georgia, Florida,

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Mergr

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