Ropes & Gray Advises Mavis and Golden Gate in Agreement to be Acquired by Investor Group
A Ropes & Gray team represented Mavis Tire Express Services and Golden Gate Capital in the agreement for Mavis to be acquired by an investor group led by BayPine LP, in partnership with TSG Consumer Partners LP, and existing significant equity-holder West First Management, a holding company controlled by David and Stephen Sorbaro. Mavis Tire Express Services is one of the largest independent automotive service platforms in the United States. Golden Gate Capital, Mavis’ current lead financial partner, will retain a minority interest in the company. The transaction was announced in a press release.
The team advising Mavis and Golden Gate Capital included private equity partner Eric Issadore, tax partner Ben Rogers (both of San Francisco) and finance partner Michael Lee (Boston).