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FullSpeed Automotive

Full Speed

Headquarters

Greenwood Village, CO

Sector

Consumer

Transaction Type

Family Owned, Closely Held

Status

Active

Description

One of the nation’s largest independent franchisors of automotive service centers. The company has over 560 automotive centers across the U.S. and internationally. The company’s core brands include Grease Monkey® and SpeeDee®. In addition to quick lube oil changes, FullSpeed Automotive provides a variety of other services, such as light mechanical repairs, tire rotations, brake services, and car washes.

Value Creation Opportunity

  • Completed 14 add-on acquisitions to broaden geographic footprint and service offerings since partnering with CenterOak
  • Significant investment in senior management team to support growth through additions in development, operations, finance and accounting
  • Accelerated greenfield franchise development and expansion of sales efforts
  • Strategic initiatives to drive same-store sales growth, including increased average ticket, customer count and ancillary services

Add-on Criteria

Actively seeking to acquire leading providers of multi-site automotive maintenance and repair services.