The Auto Channel
The Largest Independent Automotive Research Resource
The Largest Independent Automotive Research Resource
Official Website of the New Car Buyer

An Affiliate of Sun Capital Partners, Inc. Acquires Big 10 Tire Stores, Inc.

BOCA RATON, Fla.--Sun Capital Partners, Inc.:

  • Big 10 is the sixth largest independent tire dealer in the U.S.
  • Transaction positions Big 10 for future growth in southeastern U.S.

Sun Capital Partners, Inc. (Sun Capital), a leading private investment firm specializing in leveraged buyouts and investments in market-leading companies, today announced that one of its affiliates has acquired Big 10 Tire Stores, Inc. (Big 10). Headquartered in Mobile, Alabama, Big 10 is one of the largest independent tire dealers in Southeastern U.S. with leadership positions in key markets throughout Alabama, Florida, and Georgia. Big 10 has 101 locations from which it sells multiple types and brands of tires and provides a range of automotive maintenance and supply services including tires, oil change, battery and brake repair. Terms of the acquisition were not disclosed.

Don Kennemer, President and CEO of Big 10 Tire Stores, said, This transaction is a great opportunity for the Big 10 brand as well as its employees and represents an important shift in the development and growth of Big 10 from the stewardship of the Wilson family, which started Big 10 in 1954, to further penetration of its existing retail footprint in southeastern United States. We are confident that the financial resources and deep retail experience of Sun Capital and its affiliates will support the management team in strengthening Big 10s value proposition and reputation for superlative service.

M. Steven Liff, Managing Director, Sun Capital Partners, Inc., added, Big 10 is the sixth largest independent tire dealer in the United States and continues to excel through its commitment to quality, service, and overall customer satisfaction. We look forward to working with Don Kennemer, Big 10s management team, and our franchisees to position the chain for future growth.

About Sun Capital Partners, Inc.

Sun Capital Partners, Inc. is a leading private investment firm focused on leveraged buyouts, equity, debt, and other investments in market-leading companies that can benefit from its in-house operating professionals and experience. Sun Capital affiliates have invested in and managed more than 135 companies worldwide with combined sales in excess of $30.0 billion since Sun Capitals inception in 1995. Sun Capital has offices in Boca Raton, Los Angeles, New York, London, and Shenzhen, China.