M&A Deal Summary

Pep Boys - Manny Moe & Jack Acquires Tecnicentros Mundial

On February 11, 2020, Pep Boys - Manny Moe & Jack acquired automotive company Tecnicentros Mundial

Acquisition Highlights
  • This is Pep Boys - Manny Moe & Jack’s 5th transaction in the Automotive sector.
  • This is Pep Boys - Manny Moe & Jack’s 1st transaction in Puerto Rico.

M&A Deal Summary

Date 2020-02-11
Target Tecnicentros Mundial
Sector Automotive
Buyer(s) Pep Boys - Manny Moe & Jack
Deal Type Add-on Acquisition

Target

Tecnicentros Mundial

San Juan, Puerto Rico
Tecnicentros Mundial, Inc. is an automotive service chain. Tecnicentros Mundial was founded in 1984 and is based in San Juan, Puerto Rico.

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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 8 of 8
Sector: Automotive M&A 5 of 5
Type: Add-on Acquisition M&A Deals 7 of 7
Country: Puerto Rico M&A 1 of 1
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-13 Newpark Auto Service

Newark, California, United States

Newpark Auto Service is a provider of an auto service and repairs. The company also provide a wide range of services for Cars, Trucks, Minivans and Motor homes. Newpark Auto Service is based in Newark, California.

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