Announced
Completed
Financials
Sources
Tags
Private Equity
United States
Auto Parts
Majority
Friendly
Domestic
automotive
Private
wholesale
Acquisition
Single Bidder
Completed
Synopsis
Percheron-backed Big Brand Tire & Service, an independent tire and automotive service provider, completed the acquisiton of American Tire Depot, a tire and automotive service business. Financial terms were not disclosed. "On behalf of the entire Percheron team, we are excited to partner with Big Brand and ATD to continue building a preeminent tire and automotive service platform. Big Brand has a track record of generating industry-leading performance by utilizing the most advanced digital technology platform in the automotive service sector, and has rapidly grown by establishing itself as an employer and acquiror of choice. We're thrilled to leverage our deep sector expertise and operational capabilities to continue to support the combined company's significant growth trajectory," Chris Lawler, Percheron Co-Founder and Managing Director.
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