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New Deal


Announced

Completed

Leonard Green & Partners completed the acquisition of majority stake in Sun Auto Tire & Service from Greenbriar Equity Group.

Financials

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

Sources

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Tags

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automotive

Majority

Completed

Acquisition

Private

Single Bidder

car tires

Domestic

Auto Services

Friendly

United States

car service

Synopsis

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Leonard Green & Partners, a private equity investment firm, completed the acquisition of majority stake in Sun Auto Tire & Service, a provider of quality aftermarket automotive repair, maintenance, and tire services from Greenbriar Equity Group, a specialist investor focused on growing market leading companies. Financial terms were not disclosed. "We are pleased to welcome Leonard Green & Partners as a majority Sun Auto Tire & Service investor. We look forward to collaborating with our new partners and continuing on the growth path we've established," Jeffry Gardner, Sun Auto Tire Marketing Vice President.

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