Announced
Completed
Financials
Tags
Single Bidder
Acquisition
Domestic
Private Equity
Minority
Tires
car tires
United States
Private
Friendly
Completed
Synopsis
Neuberger Berman, a private, independent, employee-owned investment manager, completed the investment in Mavis Tire Express Services, one of the largest independent tire and service providers in the United States. Financial terms were not disclosed. "We are excited to partner with management, as well as existing investors BayPine, TSG, and Golden Gate Capital to support Mavis's continued growth. We have long admired the company and believe Mavis's demonstrated track record of high-quality service will continue to be valued by customers in the years to come," J.T. Munch, Neuberger Berman Managing Director.
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