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Mobile Tyre Shop, a tyre-fitting service, is preparing for a listing on the Australian Securities Exchange (ASX). The company is majority owned by David Williams, founder of Kidder Williams, and is led by Travis Osborne, formerly head of leasing at Challenger.
The move towards an initial public offering (IPO) follows recent Chinese backing for the business, according to reports. Mobile Tyre Shop is currently undertaking a pre-IPO funding round, signalling an acceleration of its plans to become a publicly traded company.
David Williams is identified as the largest shareholder in Mobile Tyre Shop. The company’s leadership includes Travis Osborne, who brings experience from a senior role at Challenger.
