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Icahn Enterprises Completes Sale of Pep Boys to Mavis Tire

PUBLIC · IEPAug 20, 2026•about 4 hours ago

Acquiring Company

Icahn Enterprises L.P

Acquired Company

Mavis Tire Express Services

MillwoodEnergyOil And GasReal EstateAutomotive

Description

On August 20, 2026, Icahn Enterprises L.P. announced the completion of the previously announced sale of The Pep Boys-Manny, Moe & Jack Holding Corp. to Mavis Tire Supply, LLC. This transaction marks a strategic move for Icahn Enterprises as it reshapes its portfolio. The sale enhances Mavis's capabilities in the tire and automotive service industry.

Company Information

Company

Icahn Enterprises L.P

About

Icahn Enterprises L.P. is a diversified holding company based in Delaware. It engages in a variety of industries including energy, automotive, real estate, and food packaging. The company primarily focuses on acquiring and managing businesses in these sectors. Icahn Enterprises aims to generate long-term value for its partners and shareholders.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
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M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Mavis Tire Express Services?

Mavis Tire Express Services was acquired by Icahn Enterprises L.P. The deal was reported on August 20, 2026. Icahn Enterprises L.P. is a diversified holding company based in Delaware. It engages in a variety of industries including energy, automotive, real estate, and food packaging. Icahn Enterprises L.P is publicly traded (IEP) and operates in Energy.

When did Icahn Enterprises L.P acquire Mavis Tire Express Services?

Icahn Enterprises L.P's acquisition of Mavis Tire Express Services was reported on August 20, 2026. On August 20, 2026, Icahn Enterprises L.P. announced the completion of the previously announced sale of The Pep Boys-Manny, Moe & Jack Holding Corp. to Mavis Tire Supply, LLC. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Mavis Tire Express Services do?

Mavis Tire Express Services Corp. is a leading tire and automotive service provider in the United States. The company offers a wide range of services including tire sales, alignments, brakes, and other vehicle maintenance services. It is privately held, operating in Automotive, and is based in Millwood.

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