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Mavis acquires Pep Boys from Icahn Enterprises

PRIVATEAug 20, 2026about 4 hours ago

Acquiring Company

Mavis Tire Express Services

Acquired Company

The Pep Boys-Manny Moe & Jack Holding

MillwoodAutomotiveAutomotive

Description

Mavis Tire Express Services Corp. has completed its acquisition of The Pep Boys for approximately $700 million in cash. The acquisition was made from Icahn Automotive Group LLC, a subsidiary of Icahn Enterprises L.P. This strategic move enhances Mavis's service offerings and market position.

Company Information

Company

Mavis Tire Express Services

Location

Millwood, New York, United States

About

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. With a commitment to customer satisfaction and quality service, Mavis operates numerous locations across the country.

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Predictive Intelligence
Strategic

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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
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired The Pep Boys-Manny Moe & Jack Holding?

The Pep Boys-Manny Moe & Jack Holding was acquired by Mavis Tire Express Services, based in Millwood. The deal was reported on August 20, 2026. Mavis Tire Express Services Corp. is a leading tire and automotive service provider in the United States. Mavis Tire Express Services is privately held and operates in Automotive.

When did Mavis Tire Express Services acquire The Pep Boys-Manny Moe & Jack Holding?

Mavis Tire Express Services's acquisition of The Pep Boys-Manny Moe & Jack Holding was reported on August 20, 2026. Mavis Tire Express Services Corp. has completed its acquisition of The Pep Boys for approximately $700 million in cash. The acquisition was made from Icahn Automotive Group LLC, a subsidiary of Icahn Enterprises L.P. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does The Pep Boys-Manny Moe & Jack Holding 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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