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Big 10 Tire Acquired

MOBILE, AL-In a multi-million dollar acquisition, the private-investment firm Sun Capital Partners has taken ownership of Big 10 Tire Stores.

By Beverly Ford | Updated on November 28, 2006

MOBILE, AL-Big 10 Tire Stores Inc., the nation’s sixth largest independent tire dealer, has been acquired by an affiliate of Sun Capital Partners, Inc. in a multi-million dollar transaction that gives the buyer 101 market-dominant locations in the southeastern U.S.

Matthew Garff, a principal with Sun Capital, tells GlobeSt.com that the acquisition of the family owned business, which includes both the Big 10 Tire name and the company’s real estate, is part of a long-term strategy to maximize profits for investors. The tire chain, headquartered in Mobile, AL, was established in 1954 in Pensacola, FL by the Wilson family and is one of the southeast’s largest privately held tire retailers with locations in Florida, Georgia and Alabama.

“We liked how (Big 10) had a very strong, and in most cases leading, position in its respective locations,” says Garff. “We felt we could grow this business and sell it to maximize returns for our investors.”

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