Evans Tire Acquired

Evans Tire Acquired by Greenbriar Equity

The 18-shop tire dealership adds to GB Auto Service’s 65 retail locations in the southwestern U.S. GB Auto Service operates under the BRAKEmax, Tire Works and Ramona Tire brands, offering tire replacement, brake repair and other undercar services including alignment, A/C, exhaust and oil changes (among others).

From Tire Review

Southern California-based Evans Tire & Service Centers has been acquired by GB Auto Service Inc., a portfolio company of Greenbriar Equity.

Greenbriar Equity, located in Rye, New York, is a private equity investor focused on investing in the global transportation industry. The firm specializes in leveraged buyouts, recapitalizations, growth capital investments, corporate joint ventures and privatizations. It also works with corporate partners interested in raising capital from a financial partner in order to make acquisitions, expansions or divestitures of subsidiaries.

Federated Auto Parts Distributors announced it is entering into a collaboration with the Association of Independent Oil Distributors (AIOD) – one it said will focus on mutual benefits for the respective members.

“Federated is constantly looking at ways to improve value for all constituents and this agreement provides that,” said Sue Godschalk, president of Federated. “This collaboration provides added volume and opportunities for our suppliers, new partners for our members, and added supply points and products for shop customers. We have enjoyed working closely with several AIOD members in the past and this agreement will expand and create further opportunities for both Federated and AIOD.”