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Trusted by
Acquiring Company
Mavis Tire Express Services
Acquired Company
Pep Boys
MillwoodBala CynwydAutomotiveAutomotiveDescription
Mavis Tire Express Services is set to acquire Pep Boys, leading to a reorganization and a mass layoff of 169 employees at Pep Boys' Bala Cynwyd offices. The merger is part of a $700 million cash deal facilitated by Icahn Automotive Group. Pep Boys aims to build on its legacy under Mavis, continuing to operate under its iconic brand name.
Fundz sees it the moment Mavis Tire Express Services makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Frequently asked
Who acquired Pep Boys?
Pep Boys was acquired by Mavis Tire Express Services, based in Millwood. The deal was reported on September 25, 2026. Mavis Tire Express Services Corp. is a leading tire and auto repair company. Founded in 1949, it has grown significantly, expanding its retail network. Mavis Tire Express Services is privately held and operates in Automotive.
When did Mavis Tire Express Services acquire Pep Boys?
Mavis Tire Express Services's acquisition of Pep Boys was reported on September 25, 2026. Mavis Tire Express Services is set to acquire Pep Boys, leading to a reorganization and a mass layoff of 169 employees at Pep Boys' Bala Cynwyd offices. The merger is part of a $700 million cash deal facilitated by Icahn Automotive Group. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Pep Boys do?
Pep Boys is a leading provider of automotive services and tires with over 850 locations in the United States and Puerto Rico. The company is dedicated to optimizing its store network and enhancing its market presence. It is privately held, operating in Automotive, and is based in Bala Cynwyd.
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