Stephen Sorbaro
Stephen Sorbaro is co-chief executive officer of the U.S. tire and automotive repair and maintenance provider Mavis Tire Express ServicesMavis Tire Express ServicesMavis Tire Express Services Corp. is a tire and automotive repair and maintenance provider headquartered in White Plains, New York, which describes itself as one of the largest independent tire and vehicle service providers in North America. It grew out of a bicycle repair shop the Sorbaro family opened in Westchester County, New York, in 1949 and was founded as Mavis Tire Supply in 1972. After merging with Express Oil Change & Tire Engineers in 2018, it went on to acquire chains including NTB, Tire Kingdom, Tuffy, Midas and Pep Boys, and is led by the brothers David Sorbaro and Stephen Sorbaro as co-chief executive officers.Open the full entry, which he leads together with his brother David Sorbaro; the company was founded by the Sorbaro family, and the two hold shares in it through West First Management, a holding company they control. Since 2018, under their leadership, Mavis has merged with Express Oil Change & Tire Engineers and acquired chains including NTB, Tire KingdomTire KingdomTire Kingdom is a tire and automotive repair and maintenance chain whose main market is Florida. Founded by Chuck Curcio in West Palm Beach in 1972, it was owned in turn by Michelin, an investor group led by Goldman Sachs and the tire wholesaler TBC Corporation, and in June 2023 it was sold to Mavis Tire Express Services together with the rest of TBC’s company-owned retail business.Open the full entry and Pep BoysPep BoysPep Boys (full name The Pep Boys—Manny, Moe & Jack) is an American chain of automotive repair, maintenance and tire service centers, founded in 1921 by four Philadelphians who had served together in the U.S. Navy during World War I, and long listed on the New York Stock Exchange. It was acquired by Icahn Enterprises in February 2016 and sold to Mavis Tire Express Services for about $700 million in cash on August 20, 2026, when it had nearly 800 locations in the United States and Puerto Rico.Open the full entry.
Contents7 sections
Key facts
February 23, 2018Leading the Combined Mavis and Express Oil
On February 23, 2018, Mavis Discount Tire announced a merger with Express Oil Change & Tire Engineers, a Golden Gate Capital portfolio company. Under the agreement the combined company would be led by Mavis’s two co-chief executive officers at the time, David Sorbaro and Stephen Sorbaro, with Express chief executive Ricky Brooks becoming executive chairman; the Sorbaro family and Golden Gate Capital, which was buying ONCAP’s stake, would both be significant shareholders in the combined company.[1][1][1]
March 5, 2021Joining the BayPine-Led Acquisition Through West First Management
On March 5, 2021, an investor group led by BayPine in partnership with TSG Consumer Partners announced the acquisition of Mavis, joined by West First Management, an existing significant equity holder and a holding company controlled by David and Stephen Sorbaro; under the agreement the two would continue as co-chief executive officers after closing. The two said that with BayPine and TSG on board, Mavis’s tradition of “Value Oriented Service” would remain unchanged.[2][3][3][3][3]
May 22, 2023Leading the Acquisition of NTB and Tire Kingdom
On May 22, 2023, TBCThe Boring CompanyAn American tunneling company founded by Elon Musk that develops Prufrock machines and builds and operates Loop transportation systems.Open the full entry Corporation announced the sale of 392 NTB and 203 Tire Kingdom stores to Mavis. Speaking as co-chief executive, Stephen Sorbaro said the deal was a significant milestone in the accelerating execution of Mavis’s growth strategy, allowing the company to deepen its presence in existing markets and take the Mavis brand into new markets in the Midwest, the mid-Atlantic and Texas; he also noted Mavis’s strong working relationship with TBC and its history of successfully integrating NTB stores.[4][4][4][4]
August 20, 2026Announcing the Completed Acquisition of Pep Boys
On August 20, 2026, Mavis announced the completion of its acquisition of Pep Boys from Icahn EnterprisesIcahn EnterprisesIcahn Enterprises L.P. (Nasdaq: IEP) is an American diversified holding company organized as a limited partnership. Controlled by the activist investor Carl Icahn, it operates businesses in energy, automotive services, food packaging, real estate and other sectors through its subsidiaries.Open the full entry for approximately $700 million in cash, taking its network to more than 4,400 service centers. Stephen Sorbaro said that closing the deal was an important milestone for Mavis and the start of a new chapter for Pep Boys, and that the focus would now turn to bringing the two organizations together, supporting technicians and store teams, and building on the strengths of both brands.[5][5][5][5]
Family
Related Organizations, Websites, and Public Accounts
Mavis Tire Express Services: Official website: https://www.mavis.com/ (opens in a new window).[5]
Sources
- Mavis Discount Tire and Express Oil Change & Tire Engineers to Merge (opens in a new window)
- Investor Group to Acquire Mavis Tire Express (opens in a new window)
- Investor Group Led By BayPine, In Partnership With TSG Consumer Partners, To Acquire Mavis Tire Express Services (opens in a new window)
- TBC Corporation to Divest NTB and Tire Kingdom Businesses to Mavis (opens in a new window)
- Mavis Completes Acquisition of Pep Boys from Icahn Enterprises (opens in a new window)
- Mavis Discusses NTB/Tire Kingdom Integration (opens in a new window)