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It sells performance auto parts, aftermarket accessories, tools, and race apparel. JEGS was founded by Jeg Coughlin Sr. in 1960 as a small speed shop. Jeg's remained family owned and operated until 2022 when a majority stake of the company was purchased by Greenbriar Equity Group.
Midas is one of the world’s largest providers of automotive services, offering brake, maintenance, tires, exhaust, steering and suspension services at more than 2,100 franchised, licensed and company-owned Midas shops in 13 countries, including nearly 1,300 in the United States of America and Canada.
The company was founded by Charles J. August in 1957, originally as a franchise of another company, Midas Muffler. [2] In the mid-1960s, "Chuck" August decided that his muffler shops should offer an expanded list of services. This was not in line with the other organization's wishes. In 1966, he discontinued his affiliation with Midas Muffler. [2]
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In 2003, the same year Meineke Discount Muffler Shops, Inc. became Meineke Car Care Centers, Inc., Meineke became a privately held company, no longer publicly traded. [ 7 ] In January 2021 the parent company of Meineke, Driven Brands, had an IPO and began trading on NASDAQ with the ticker symbol DRVN. [ 8 ]
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