Sun Auto Tire & Service Inc.
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Sun Auto Tire & Service Inc. - overview
Established
2017
Location
Tucson, AZ, US
Primary Industry
Automobiles, Other Vehicles & Parts
About
Sun Auto Tire & Service Inc. offers comprehensive automotive repair, maintenance, and tire services across the U. S. , ensuring expert vehicle care and customer satisfaction at over 500 retail locations.
Founded in 2017, Sun Auto Tire & Service Inc. is based in Tucson, US, and specializes in aftermarket automotive services. The company has grown steadily, completing a total of 2 deals since its inception. Frank Kneller and Tony Puckett currently serve as CEOs, guiding the company’s operations and strategic direction.
In September 2021, Leonard Green & Partners acquired a majority stake in Sun Auto Tire & Service Inc. from Greenbriar Equity Group, with financial terms undisclosed. Sun Auto Tire & Service specializes in aftermarket automotive repair, maintenance, and tire services. The company operates over 500 retail locations across the United States, providing services such as tire installation, brake repair, lube and oil changes, and extensive vehicle maintenance.
Sun Auto caters to both individual vehicle owners and business fleets, ensuring reliable service to minimize vehicle downtime. Their offerings encompass minor maintenance tasks to significant repair work, emphasizing comprehensive vehicle care across various geographic markets in major metropolitan areas. Sun Auto Tire & Service generates revenue through direct service transactions with both individual customers and business clients, including fleet services. Their transaction model involves automotive repair and maintenance services billed on a per-service basis, along with contracts for fleet maintenance, fostering ongoing revenue from business partnerships.
Customers schedule appointments for their vehicles, which are serviced by qualified technicians at Sun Auto’s centers, while tailored service programs maintain operational efficiency for fleet management businesses. With the acquisition by Leonard Green & Partners in September 2021, Sun Auto Tire & Service Inc. aims to bolster its growth in the automotive aftermarket sector. The company plans to expand its market presence through strategic development initiatives, although specific upcoming products or geographic regions targeted for future expansion have not been detailed.
The resources from this acquisition are intended to enhance Sun Auto’s business growth and strengthen its operational capabilities.
Current Investors
Leonard Green & Partners, Greenbriar Equity Group
Primary Industry
Automobiles, Other Vehicles & Parts
Sub Industries
Automobile Repair, Automobiles, Other Vehicles & Parts
Website
www.sun.auto
Total Amount Raised
Subscriber access only
Sun Auto Tire & Service Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Mac's Tire Center | - | ||||||||
| Add-on | Completed | T AND A AMERICAN CAR CARE CENTER, INC. | - | ||||||||
| Add-on | Completed | Bennie's Auto Repair | - | ||||||||
| Add-on | Completed | Vannoy's Tires, Inc. | - | ||||||||
| Add-on | Completed | Fausak Tires & Service | - |
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