M&A Deal Summary

FullSpeed Automotive Acquires Kwik Kar

On July 5, 2022, FullSpeed Automotive acquired automotive company Kwik Kar

Acquisition Highlights
  • This is FullSpeed Automotive’s 3rd transaction in the Automotive sector.
  • This is FullSpeed Automotive’s 3rd transaction in the United States.
  • This is FullSpeed Automotive’s 1st transaction in Texas.

M&A Deal Summary

Date 2022-07-05
Target Kwik Kar
Sector Automotive
Buyer(s) FullSpeed Automotive
Deal Type Add-on Acquisition

Target

Kwik Kar

Dallas, Texas, United States
Kwik Kar specializes in full-service oil changes, scheduled maintenance, state inspections, and many other automotive repair services. Kwik Kar is based in Dallas, Texas.

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Buyer(S) 1

Buyer

FullSpeed Automotive

Greenwood Village, Colorado, United States

Category Company
Founded 1978
Sector Automotive
DESCRIPTION

FullSpeed Automotive is an 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 highly attractive segments of the service market. The Company’s strategic geographic footprint of nearly 600 franchised and company-owned locations provide density in high growth markets. FullSpeed supports two core brand platforms under the Grease Monkey and SpeeDee brands. FullSpeed Automotive was formed in 1978 and is headquartered in Greenwood Village, Colorado.


DEAL STATS #
Overall 3 of 3
Sector: Automotive M&A 3 of 3
Type: Add-on Acquisition M&A Deals 3 of 3
State: Texas M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-30 Uncle Ed s Oil Shoppe

Battle Creek, Michigan, United States

Uncle Ed's Oil Shoppe is a provider of quick lube, preventative maintenance, and car wash services. Uncle Ed’s operates 29 quick lube service centers and 5 AutoBath America car wash locations in Michigan. Uncle Ed's Oil Shoppe was formed in 1981 and is based in Battle Creek, Michigan.

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