4 Aces Auto Centre, an auto repair and service company at 485 Parkhill Road East in Peterborough, has been acquired by Canadian company The Mufflerman Inc.
According to a media release from The Mufflerman, the transaction closed last Wednesday (April 30).
Founded by Darryl Breadner over 20 years ago, 4 Aces has developed a reputation for a commitment to customer service and satisfaction.
“When I was young, I had two dreams — auto repair or own a bar — and I thought it was a really cool name,” Breadner said in a 2017 Facebook video to explain why he named the business 4 Aces.
“If it was auto repair, I wanted to have four ace mechanics. I found out I wasn’t a great bartender, so here we are with auto repair.”
According to the release, Breadner and all existing employees will remain with the business, and 4 Aces will continue to operate as an independent auto mechanical garage within The Mufflerman Group.
“We are thrilled to welcome 4 Aces into our family of brands,” said The Mufflerman president Costa Haitas in the release.
“Darryl and his team have established an exceptional service centre in the Peterborough market, renowned for their commitment to excellence and customer satisfaction. Their dedication to quality, service and trust perfectly aligns with our values, and we look forward to achieving great success together.”
The Mufflerman was founded in 1964 by John Brouwer Sr. and was subsequently operated by his four sons and nephew until it was acquired in 2021 by Argyle Capital Partners, a Toronto-based private equity firm that focuses on partnering with family-owned businesses in the lower middle market within the service, manufacturing, and distribution industries.
Today, The Mufflerman is an auto repair shop network operating throughout the Greater Toronto Area and southwestern Ontario with 29 locations.
Of those locations, 21 operate as corporate-owned locations through five different brands — including The Mufflerman, EuroMechanic and Fleet Specialties, Sil’s, and now 4 Aces — and the other eight operate as franchised locations under the Superior Tire & Auto brand.
The Mufflerman’s acquisition of 4 Aces is its fifth tuck-in, a type of acquisition where a larger company absorbs and integrates a smaller company into its existing operations.
