Covington Advises In Deal Uniting Two of the Largest U.S. Auto Service Providers

Covington Advises In Deal Uniting Two of the Largest U.S. Auto Service Providers

March 2, 2018

NEW YORK—Covington advised Mavis Tire Holdings LLC, and its family owners, and other owners, including investment funds managed by ONCAP, in its agreement to merge with Express Oil Change & Tire Engineers, a Golden Gate Capital portfolio company, creating one of the largest independent automotive service platforms in the United States.

Mavis Discount Tire, based in Millwood, New York, is one of the largest independent tire and service providers in the U.S., with more than 430 service centers across seven states, including New York, New Jersey, Pennsylvania, Connecticut, Massachusetts, Georgia, and Florida.

Founded in 1979 and headquartered in Birmingham, Alabama, Express Oil Change & Tire Engineers is one of the United States’ largest independent automotive service centers, providing total car care solutions across approximately 400 company-owned and franchise locations in 19 states.

The Covington team included Stephen Infante, Allison Schiffman, Joshua Nulman, and Alicia Zhang (M&A); Ansgar Simon and Jon Endean (Tax); William Woolston and Erika Skougard (Employment and Benefits); Donald Elliott and Lindsay Brewer (Environmental); Peter Schwartz and Thomas Hou (Debt Finance); and James O’Connell and Ross Demain (Antitrust).