Argyle Capital Partners Management Inc. announces exit from its investment in The Mufflerman

TORONTO — Argyle Capital Partners Management Inc. announced the successful exit of its investment in The Mufflerman, an automotive repair and maintenance provider, to ASG Auto Service Repair Group Inc. The transaction marks the conclusion of a 4.5-year investment.

Mufflerman, based in London Ontario, operates a network of automotive repair locations under multiple banners across the province.

Argyle reports that it initially acquired the platform in early 2021. Over the hold period, Mufflerman continued to operate in the automotive repairs aftermarket.

“We’re incredibly proud of what was accomplished with Mufflerman,” said Mark MacPherson, Co-Founder and Managing Partner at Argyle. “This transaction is a clear example of Argyle’s ability to identify and scale regional leaders through thoughtful M&A, hands-on operational support, and disciplined capital management. The Company is well-positioned for continued growth under its new ownership.”