FullSpeed Automotive completes 25 new acquisitions

FullSpeed Automotive recently announced its completion of acquiring 25 quick lube and automotive service centers in the Dallas-Ft. Worth market. FullSpeed Automotive is a leading automotive aftermarket services platform offering oil changes, tire sales and rotations, brake services, car washes, and other ancillary services through multiple brand formats that target several segments of the service market. They are also one of the nation's largest franchisors and operators of automotive aftermarket repair facilities.

Their latest acquisition included four different automotive center brands, with the majority being Kwik Kar Automotive Lube & Service Centers.

Since being acquired by MidOcean Partners in November 2020, the company now has over 675 franchised and company-owned locations.

“This acquisition is another big leap in the growth of FullSpeed Automotive, and substantially builds our presence in the important Dallas-Ft. Worth market,” said Kevin Kormondy, chief executive officer of FullSpeed Automotive. “We look forward to continuing to expand our footprint across the country, and completing additional acquisitions. Our strategy, in addition to building our franchised operations, is to continue to identify and work with independent shop owners who are considering a sale if they can find the right fit, as we did here.”