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Golden Gate Weighs Sale of Mavis Tire Centers Business

  • Mavis Express Tire Services could fetch up to $6 billion
  • Auto-service chain generates Ebitda of about $360 million
Goodyear Tire & Rubber Locations Ahead Of Earnings Figures
Photographer: David Paul Morris/Bloomberg
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Golden Gate Capital is considering a sale of its Mavis Express Tire Services business that could value the company at as much as $6 billion, according to people familiar with the matter.

The San Francisco-based investment firm is working with an adviser to explore strategic options for the auto-service chain, said the people, who asked not to be identified because they weren’t authorized to speak publicly.