The Mufflerman Inc. announces recapitalization and rebranding

TORONTO, Aug. 13, 2025 /CNW/ - The Mufflerman Inc., a portfolio company of Argyle Capital Partners Management Inc. ("Argyle") has undertaken a recapitalization and rebranding, culminating in the creation of ASG Auto Service Repair Group Inc. ("The Auto Service Group") and an exit of Argyle from the investment.

The Mufflerman was built through six acquisitions and now consists of six brands, 29 locations across Ontario and is focused on the service and repair of cars, light vans, trucks and fleets. Going forward the group will be rebranded to Auto Service Group with all individual brands continuing operations with no changes.

Brands:		Locations:		Geography:
The Mufflerman		12		Southwestern Ontario
Superior Tire & Auto		9		Toronto and Barrie
Fleet Specialties		1		Toronto
EuroMechanic		5		Toronto and Guelph
Sil's Auto Service		1		Oakville
4 Aces Auto Centre		1		Peterborough

The recapitalization was led by the existing operational management team of Glenn Gatcliffe (Director), and Costa Haitas (President) who will continue to provide leadership to The Auto Service Group. The transaction was financed by original investors, participation of new investors and with the support of Toronto-Dominion Bank and BDC Capital Inc.

Costa Haitas, President of The Auto Service Group said, "We are thrilled to be entering a new stage in our growth and evolution. Over the last 4.5 years Argyle Capital Partners have provided tremendous strategic vision and leadership. Along with our entire team of over 155 employees, Glenn and I would like to thank Argyle, and we look forward to continued success in building The Auto Service Group into one of the preeminent automotive aftermarket companies in Canada. We are well positioned to continue our M&A strategy, integrating new businesses into our purpose built operational and capital infrastructure."

About Auto Service Group:

Auto Service Group,  is a leading auto repair shop network operating throughout Southwest Ontario, from Peterborough to Sarnia. The network boasts 29 locations, 21 of which operate as corporate-owned locations, through 5 different brands including The Mufflerman, EuroMechanic and Fleet Specialties, Sil's, 4 Aces as well as 8 franchised locations under the Superior Tire & Auto brand. www.autoservicegroup.com

About Argyle Capital Partners:

Founded in 2016, Argyle Capital Partners is a Toronto-based private equity firm focused on partnering with family-owned businesses in Canada's lower middle market. Argyle invests in traditional businesses in industrial products, manufacturing, distribution, and business services.

SOURCE ASG Auto Service Repair Group Inc.

Further information contact The Auto Service Group: Glenn Gatcliffe, Director, 416-388-2644; Costa Haitas, President, 519-685-0002