Main Street Auto closes $60 million growth financing to fuel continued expansion
Talus Holdings is proud to congratulate Main Street Auto on the successful close of a $60 million growth financing with Turning Rock Partners. The transaction marks another significant milestone for the fast-growing automotive services platform and provides new capital to support its next phase of expansion.
The financing announced by Turning Rock Partners will help Main Street Auto continue its buy-and-build strategy through the acquisition and improvement of additional automotive repair locations. For founder and CEO Logan Leslie and the entire Main Street Auto team, the close reflects the strength of the business they have built and the opportunity that lies ahead.
Investing in the next phase of Main Street Auto’s growth
Headquartered in Atlanta, Georgia, Main Street Auto provides essential automotive repair and maintenance services, tire sales and related support to individual vehicle owners and fleet customers. At the time of the financing announcement, the company had grown to approximately 100 locations across the southern United States.
That growth has been guided by a clear belief in the lasting value of the local automotive repair shop. Main Street Auto partners with established businesses, respects the relationships and reputations they have built in their communities, and gives their teams access to the resources of a larger organization.
The new financing gives Main Street Auto additional capacity to pursue acquisition opportunities, invest in existing locations and extend its service network into more communities. It also supports the company’s ability to build scale while preserving the local service, experienced technicians and customer trust that distinguish strong neighborhood repair shops.
Strong leadership backed by flexible growth capital
Turning Rock Partners provides debt, equity and hybrid capital solutions to lower-middle-market businesses across North America. Its investment in Main Street Auto supports an experienced founder and management team operating in a highly fragmented automotive aftermarket services industry.
For Main Street Auto, the transaction creates additional runway to execute an acquisition strategy that has already produced meaningful growth. It also signals confidence in the company’s leadership, operating model and long-term vision for building a leading network of automotive service businesses.
This is exactly the kind of milestone Talus Holdings is pleased to celebrate: an entrepreneurial team earning the support needed to pursue a larger opportunity without losing sight of the people, customers and communities at the heart of the business.
Building a stronger network of local automotive service centers
As Main Street Auto expands, its purpose remains straightforward: help keep drivers safe and their vehicles on the road through dependable repair, maintenance and tire services. Its growing scale creates opportunities to strengthen operations, share expertise and invest in the tools and resources local teams need to serve customers well.
The financing will help Main Street Auto bring that model to additional locations while continuing to improve the shops already within its network. For shop owners considering their next chapter, Main Street Auto offers the opportunity to join a growing organization that understands the importance of local relationships and the legacy behind a successful automotive business.
Talus Holdings congratulates Logan Leslie and the entire Main Street Auto team on this important achievement. We also recognize Turning Rock Partners for its support of the company’s continued growth. We look forward to seeing Main Street Auto build on its momentum, welcome more strong businesses into its network and create new opportunities for employees, customers and communities across the United States.
Learn more about Main Street Auto and its growing network of automotive repair and maintenance centers.
