Completed eight acquisitions and adds a third major brand in first half of 2022. FullSpeed Automotive , among the largest franchisors and operators of automotive aftermarket repair facilities in the U.S. and home to flagship brands Grease Monkey and SpeeDee Oil Change & Auto Service , is accelerating growth with an acquisition strategy set to […]
Bridgestone Makes Strategic Investment in Wrench Mobile Vehicle Services and Technology
Company developing a comprehensive portfolio of personalized concierge-style car care services. Bridgestone Americas announced a 10% minority investment in mobile vehicle services and technology company, Wrench. The new partnership will accelerate both companies’ ability to meet the needs of car owners with best-in-class technology in the rapidly growing mobile vehicle inspection, repair and maintenance market. […]
FullSpeed Automotive Acquires 25 New Auto Centers in Dallas-Ft. Worth Market
FullSpeed Automotive, the franchisor and operators of automotive aftermarket repair facilities, announced that it completed the acquisition of 25 quick lube and automotive service centers in the Dallas-Ft. Worth market. The acquisition included four different automotive center brands, with the majority being Kwik Kar Automotive Lube & Service Centers. FullSpeed Automotive has now completed another […]
RepairSmith Acquires More Automotive Group
Car repair startup expands its mobile fleet service in Northern California, launches location-based service for property managers and corporate office parks. RepairSmith today announced the acquisition of More Automotive Group, a provider of mobile repair and maintenance services for fleets, property managers and corporate office parks in the San Francisco Bay Area and Sacramento. With […]
Genuine Parts Company Acquires Hennig Fahrzeugteile Group in Germany
Hennig has 31 branches in Germany. The Genuine Parts Company (NYSE: GPC) announced today an acquisition for its European Automotive business. Alliance Automotive Group (AAG), GPC’s wholly-owned automotive distribution company based in London, U.K., has entered into an agreement to acquire Hennig Fahrzeugteile Group. The transaction is expected to close by August 1, and is […]
Valvoline Completes Acquisition of Assets of Henley Bluewater LLC
Addition of 56 quick-lube locations in Michigan and northern Ohio immediately increases the number of company-owned stores in the Midwest Valvoline Inc. (NYSE:VVV) yesterday announced that it has completed the previously announced acquisition of 56 Valvoline Instant Oil ChangeSM (VIOC) franchise service centers from Henley Bluewater LLC. These stores build on the infrastructure and talent […]
Fisher Auto Parts Acquires Six Locations
Herb Godschalk, co-president of Fisher Auto Parts, announced the intention to acquire six World Auto Parts company stores based in Buffalo, New York. The closing is expected on or around October 1. World Auto Parts’ roots in Buffalo run deep. David Chertoff built the business over the course of three decades, starting in his parents’ […]
Pep Boys Acquires Newpark Auto Service in Newark, California
Pep Boys, a wholly-owned subsidiary of Icahn Automotive Group LLC, announced it has acquired Newpark Auto Service in Newark, Calif. “Newpark is an excellent addition to our existing store base in the San Francisco region, a target market for ongoing growth as we expand our national service center network,” said James Healy, Senior Vice President […]