Latest Mavis Tires and Brakes News & Updates

See the latest news and media coverage for Mavis. We track all announcements, press releases, and industry mentions in real time, all in one place.

Mavis Tires and Brakes (Mavis)

Tire retailer and auto repair chain

mavis.com

Headquarters: White Plains, United States
Company type: Private company
Number of employees: 10,000+
Industry: Auto Vehicles, Parts & Service Retailers

Last updated Today

Latest news about Mavis Tires and Brakes (Mavis)

In short: Mavis significantly expanded its national footprint by acquiring Pep Boys and Midas, growing its network to over 4,400 service centers.

Company announcements

September 8 Mavis

Mavis opens multiple new stores in the Southern market

These August openings strengthen the brand's regional footprint and improve service accessibility for local drivers.

August 20 Mavis

Mavis acquires Pep Boys to expand service offerings

The deal integrates the iconic brand into Mavis's family, aiming to provide dependable service across the country.

July 21 Mavis

Mavis acquires Pep Boys for $700 million in cash

The deal adds nearly 800 locations and expands Mavis's Western US presence, growing network to over 4,400 service centers.

16 June 2025 Mavis

Mavis completes Midas acquisition, now over 3,500 locations

The deal adds nearly 1,300 franchised locations and Midas will operate as a standalone brand under Mavis.

Media coverage

August 21 Yahoo Finance

Mavis Closes $700M Pep Boys Deal, Fusing 800 Stores

Mavis Tire has completed its $700 million cash purchase of Pep Boys' auto-service and tire business from Icahn Enterprises, a deal effective August 20, 2026...

July 20 Yahoo Finance

Pep Boys Sold to Mavis for $700M — But Icahn Kept the Real Estate

Icahn Kept the Dirt and Sold the Garages: Inside the $700 Million Pep Boys Handoff Carl Icahn is out...

February 20 Bloomberg

Midas Auto Repair Owner Mavis Tire Is Said to Pick Banks for IPO - Bloomberg

Mavis Tire Express Services Corp., an auto repair and tire service provider that counts Midas and Tuffy among its brands, has picked banks for a...

20 June 2025 MarketWatch

Mavis Tire Completes Acquisition of Midas from TBC Corporation

Mavis Tire Express Services Corp. ("Mavis"), a leading provider of automotive repair and maintenance services and one of the largest independent tire and service providers...

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