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13 Jan, 2021
Golden Gate Capital is working with an adviser to review strategic options, including a sale, for Mavis Tire Express Services Corp., Bloomberg News reported Jan. 12, citing people familiar with the matter.
The car service chain could be valued at as much as $6 billion in a sale, the sources said, adding that the private equity firm has not made a final decision and its plans could change.
A Golden Gate representative declined Bloomberg's request for comment, while a spokesperson for Mavis did not respond immediately.