On June 26, Garnett Station Partners opened its first‑round bid window for Goodturn Tire & Auto, a Florida‑based chain that services the Southeast and Midwest. The New York‑based lower‑mid‑market private‑equity sponsor circulated deal books in early June via Piper Sandler, sparking interest among regional operators in the competitive automotive services market.

Goodturn reported last‑year EBITDA of $20 million‑$25 million and drew multiple offers. Sources say potential buyers are eyeing a valuation between 13x‑15x EBITDA, reflecting the chain’s strong regional presence and growth prospects in a market that has seen consolidation in recent years for investors seeking stable cash flows in the the.

Goodturn’s footprint covers over 80 locations across Florida, Georgia, Alabama, and Illinois, positioning it to leverage economies of scale in parts procurement and service bundling. The bid process signals a broader trend of mid‑market PE firms targeting fragmented auto‑repair chains that offer defensible margins and repeat‑business models for investors looking.

With its first‑round bids already in motion, Garnett Station Partners may secure a deal that caps Goodturn’s valuation at roughly $260 million to $375 million, depending on the final multiple. The outcome will clarify the attractiveness of regional repair networks for private‑equity investors focused on service‑sector consolidation in the.