BayPine, alongside TSG and West First Management, has entered into a definitive agreement to acquire Mavis Tire Express Services, underscoring a strategic move to enhance growth and operational efficiencies in the independent automotive service sector.

Target Company Overview

Mavis Tire Express Services Corp. ("Mavis"), founded in 1972 and rooted in a legacy dating back to 1949, stands as one of the largest independent automotive service platforms in the United States. With over 1,100 service centers distributed mainly across the Northeast, Midwest, and Southern regions, Mavis specializes in tire sales and a wide array of automotive services, which include brakes, alignments, suspension, oil changes, and more. The company has exhibited rapid growth, particularly following its strategic merger with Town Fair Tire in November 2020, bolstering its presence in New England while maintaining brand identity.

Under the leadership of Co-Chief Executive Officers David and Stephen Sorbaro, Mavis has consistently focused on enhancing customer value through its diverse offerings. With a management team composed of experts from Mavis, Express Oil, Brakes Plus, and Town Fair Tire, the company is well-positioned to capitalize on industry opportunities and continue its successful consolidation strategy.

Industry Overview

The automotive service industry in the United States has experienced significant transformation in recent years, largely driven by increasing consumer demand for vehicle maintenance and repair services. The industry has become highly competitive, with independent service pr