Midas Australia Pty Limited (“Midas”) is one of Australia's premier car care service provider with 71 stores throughout the country. Midas has been operating in Australia for over 30 years and has built its reputation on trust, high quality, specialist service and customer service excellence.

Midas is a “one stop shop” for all customer needs. Products and services provided include car service, mufflers, brakes, suspension and LPG conversions. Midas’ differentiating value proposition is “Affordable Peace of Mind”.

LCW Private Equity along with John Fletcher (former CEO of Coles Group) became a secured lender to Midas in early 2008. In 2009, Tim Hickey (former Yum! Brands senior executive) led a management buy-out and restructure funded by equity provided by LCW Private Equity and Mr Fletcher.

Midas is positioned for growth in a highly fragmented market.

For further information, please visit:www.midas.com.au