Acquiring Company
Mavis
Acquired Company
Pep Boys
MillwoodAutomotiveAutomotiveDescription
Mavis closes a $700 million deal to acquire Pep Boys, creating one of the largest independent tire and auto service chains in North America. The acquisition transfers Pep Boys' service and tire operations to Mavis, while retaining its real estate. This move marks a significant milestone in Mavis' growth strategy across the region. Operational changes are pending regulatory approval.
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Based on deal dataFrequently asked
Who acquired Pep Boys?
Pep Boys was acquired by Mavis, based in Millwood. The deal was reported on August 21, 2026. Mavis Tire Express Services Corp. is one of North America's largest independent tire and vehicle service providers, with over 3,500 retail locations across the U.S. and Canada. Mavis is privately held and operates in Automotive.
When did Mavis acquire Pep Boys?
Mavis's acquisition of Pep Boys was reported on August 21, 2026. Mavis closes a $700 million deal to acquire Pep Boys, creating one of the largest independent tire and auto service chains in North America. The acquisition transfers Pep Boys' service and tire operations to Mavis, while retaining its real estate. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Pep Boys do?
Pep Boys is an established leader in automotive services offering a range of services including tires, repairs, and maintenance. With nearly 800 locations nationwide, Pep Boys has a loyal customer base and a significant retail footprint. It is privately held, operating in Automotive.
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