Midas International has acquired the Max Auto Supply Co., a Midas franchisee that operates 111 shops across Ohio, New York, Pennsylvania, Michigan, Kentucky and Georgia. Financial terms of the transaction were not disclosed.
With this deal, Max Auto joins Midas as part of the Mavis Tire family of brands and companies, which includes …
• Mavis Discount Tire.
• Mavis Tires & Brakes.
• Midas.
• Express Oil Change & Tire Engineers.
• Brakes Plus.
• Tire Kingdom.
• NTB/National Tire & Battery.
• Town Fair Tire.
• Tuffy.
All totaled, Mavis has roughly 3,500 owned and franchised locations across the United States and Canada.
Max Auto will maintain its headquarters in Toledo, OH; continue to operate as a standalone business, and continue to be led by Vice President Randy Lindhurst and the rest of its executive team.
Capstone Partners was the financial adviser to Max Auto.