Mavis acquires Midas brand

Mavis Tire Express Services Corp. has added a major name to its growing portfolio, acquiring Midas from TBC Corporation in a move that significantly boosts its presence across North America.

Mavis, an independent tire and automotive service provider in North America, announced it completed the acquisition of Midas, a well-known automotive service brand with a large footprint across the U.S. and Canada.

With the addition of Midas, Mavis now operates more than 3,500 service centres across the continent, including nearly 1,300 franchised locations. Midas will continue to operate as a standalone brand under the Mavis umbrella and will retain its headquarters in Palm Beach Gardens, Fla.

“This transaction reflects our ongoing commitment to expanding our portfolio of respected brands and establishing our presence in compelling new markets,” said David Sorbaro, Co-CEO of Mavis. “We’re excited to partner with Midas’s talented team and franchisees to build on their legacy of exceptional service and to drive the next chapter of growth together.”

The acquisition marks a major milestone in Mavis’s long-term growth strategy. The company, founded in 1982 and based in White Plains, N.Y., has steadily expanded its reach through acquisitions and organic growth.

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