M&A Deal Summary

Straightaway Tire & Auto Acquires Wayne s Automotive

On November 29, 2023, Straightaway Tire & Auto acquired automotive company Wayne s Automotive

Acquisition Highlights
  • This is Straightaway Tire & Auto’s 2nd transaction in the Automotive sector.
  • This is Straightaway Tire & Auto’s 2nd transaction in the United States.
  • This is Straightaway Tire & Auto’s 2nd transaction in Minnesota.

M&A Deal Summary
Date 2023-11-29
Target Wayne s Automotive
Sector Automotive
Buyer(s) Straightaway Tire & Auto
Deal Type Add-on Acquisition

Target

Wayne s Automotive

Grand Rapids, Minnesota, United States
Wayne's Automotive is a full-service auto repair facility provider, based in Grand Rapids, Minnesota.

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Buyer(S) 1

Buyer

Straightaway Tire & Auto

United States
Category Company
Sector Automotive
DESCRIPTION

Straightaway Tire & Auto is an independent automotive repair platform offering a comprehensive suite of services, including mechanical and electrical repair, preventative and scheduled maintenance, EV and hybrid vehicle service, glass repair, and tire sales.

DEAL STATS #
Overall 2 of 4
Sector (Automotive) 2 of 4
Type (Add-on Acquisition) 2 of 4
State (Minnesota) 2 of 4
Country (United States) 2 of 4
Year (2023) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-29 Accurate Auto

Maple Grove, Minnesota, United States

Accurate Auto is a full-service auto repair facility, based in Maple Grove, Minnesota.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-17 Warzecha

Zimmerman, Minnesota, United States

Warzecha is a full-service auto repair facility, based in Zimmerman, Minnesota.

Buy -
Mergr

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