What is Midas Auto Service Experts?
Founded in 1956 and headquartered in Nashville, Tennessee, Midas Auto Service Experts is a long-standing automotive repair company. It offers a comprehensive suite of services, including tire services, oil changes, brake repair, and a wide array of other essential car maintenance solutions. The company has built a reputation over decades for providing reliable vehicle upkeep and repair services to a broad customer base.
How much funding has Midas Auto Service Experts raised?
Midas Auto Service Experts has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2025): $150K with participation from Live Oak Bank
Key Investors in Midas Auto Service Experts
Live Oak Bank
Live Oak Bank is a prominent financial institution known for its specialized lending, particularly within the franchise and small business sectors. Their participation suggests a focus on supporting established service-based businesses with growth capital.
What's next for Midas Auto Service Experts?
The recent large-scale late-stage funding indicates Midas Auto Service Experts is poised for significant growth and strategic initiatives. This capital infusion is likely to be directed towards expanding its service network, enhancing technological capabilities for diagnostics and repair, and potentially exploring new market segments or service offerings. The strategic nature of the investment suggests a focus on strengthening its competitive advantage and driving operational efficiencies within the automotive repair industry.
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