Les Schwab Tire Centers, a $7B+ Western US tire service chain, is being explored for sale by owner Meritage Group, who acquired it in 2020.

Les Schwab Tire Centers, an Oregon-based tire service chain, is being explored for sale by its owner, Meritage Group, with potential valuations exceeding $7 billion. The company, which has over 500 locations and 7,000 employees in 13 Western U.S. states, was acquired by Meritage in 2020. Les Schwab, founded in 1952, has been known for steady cash flows and stable operations in the tire and auto industry.