Dobbs Tire & Auto Centers Receives Growth Investment from Audax Private Equity
Audax Private Equity (“Audax”), a growth-oriented capital partner to middle market companies, announced today an investment in Dobbs Tire & Auto Centers, Inc. (“Dobbs”), a leading tire retailer and automotive aftermarket service company with a strong presence in the Midwestern United States.
- Audax Private Equity (“Audax”), a growth-oriented capital partner to middle market companies, announced today an investment in Dobbs Tire & Auto Centers, Inc. (“Dobbs”), a leading tire retailer and automotive aftermarket service company with a strong presence in the Midwestern United States.
- “Given our history in auto aftermarket and consumer services, we have been pursuing a thesis in the auto services segment for some time,” noted Jason Ellis, a Managing Director at Audax.
- Capstone Partners acted as financial advisor to Dobbs on the transaction, while Stifel acted as financial advisor to Audax.
- Nelson Mullins served as legal counsel to Dobbs, while Gibson, Dunn & Crutcher and Goulston & Storrs served in the same capacity to Audax.