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Announced

Completed

Greenbriar-backed GB Auto Service completed the acquisition of Sun Auto.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Auto Services

Domestic

Majority

United States

Completed

Single Bidder

roadside automotive service

Private Equity

Friendly

Acquisition

Synopsis

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Greenbriar-backed GB Auto Service, a premier provider of vehicle maintenance, repair, and tire replacement serving, completed the acquisition of Sun Auto, a provider of tire and automotive service facilities. Financial terms were not disclosed. "The automotive aftermarket is a key area of focus for Greenbriar due to its size, channel structure and defensive characteristics, which create a diverse set of investment opportunities. This acquisition is the twelfth for GB Auto over the last two years, and reflects the continued execution of our strategy to build the leading independent aftermarket service provider in the Western U.S. We have great respect for the business the Higginbothams have built, and we are thrilled to welcome Tom and his team into the fold," Matt Burke, Greenbriar Director.

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