Mavis Tire Express Services Corp. has acquired Midas from TBC Corporation, significantly expanding its retail network to over 3,500 locations in North America.

Target Information

Mavis Tire Express Services Corp. (“Mavis”), headquartered in White Plains, New York, is one of the leading independent tire and service providers in North America. The company operates over 3,500 service centers across the United States and Canada. Mavis's offerings include a vast selection of tires from more than 21 major brands, alongside a comprehensive range of automotive repair and maintenance services such as brakes, alignments, and exhaust systems. Established in 1972 by Marion and Victor Sorbaro, Mavis has built a strong reputation for exceptional customer service and quality, further enhancing its market position in the automotive service industry.

With the recent acquisition of Midas, a renowned automotive service brand, Mavis reinforces its strategic growth trajectory. Midas is celebrated for its extensive network of nearly 2,000 franchised locations across approximately 20 countries, including 1,200 locations in the U.S. and Canada. This acquisition allows Mavis to broaden its reach while maintaining Midas as a distinct brand operating from its headquarters in Palm Beach Gardens, Florida.

Industry Overview in North America

The North American automotive service repair industry is experiencing dynamic growth driven by rising vehicle ownership and complexity, as well as an increasing demand for maintenance and repair services. With a growing focus on vehicle health a