FullSpeed Automotive Acquires Kwik Kar IP and 25 Kwik Kar Centers
July 5, 2022
FullSpeed Automotive acquired the intellectual property of Kwik Industries, Inc. (owner of the Kwik Kar brand) and purchased 25 Kwik Kar-related centers from local independent operators, expanding its company-operated Kwik Kar footprint in the Dallas area and elsewhere. The deal is an add-on to FullSpeed's platform as it pursues aggressive unit growth backed by MidOcean Partners.
- Buyers
- FullSpeed Automotive
- Targets
- Kwik Industries, Inc. (Kwik Kar)
- Sellers
- Kwik Industries, Inc., Local independent operators
- Platforms
- FullSpeed Automotive
- Industry
- Automotive
- Location
- Texas, United States
- Transaction Type
- Addon
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