Sun Auto Tire & Service has acquired Tire Outlet Holdings, enhancing its market presence and service capabilities in the automotive repair and tire distribution sector.

Target Information

Founded in 2012 and headquartered in Jacksonville, Florida, Tire Outlet Holdings, Inc. and Tire Outlet Direct, LLC (collectively referred to as Tire Outlet) have established themselves as prominent players in the automotive repair and services retail sector, as well as tire distribution. The Company specializes in a diverse array of services such as tire installation, rotation, alignment, balancing, and various automotive repairs, including air conditioning, battery replacement, brake repair, and oil changes. Tire Outlet operates through an online platform as well as 14 retail locations across Northeast Florida. Notably, according to the 2022 MTD 100 report, Tire Outlet ranks as the 77th largest independent tire dealership in the United States.

The management team at Tire Outlet expressed their enthusiasm regarding the sale to Sun Auto, believing that the acquisition aligns with the company’s cultural and strategic goals. David Barron, the founder, noted that this transition positions Tire Outlet for ongoing success in an evolving market.

Industry Overview

The automotive repair and service industry in the United States has been experiencing robust growth, driven by rising vehicle ownership and the increasing age of cars on the road. Consumers are placing greater emphasis on vehicle maintenance and repair services, as th