FullSpeed Automotive Acquires Super Lube Service and Two Grease Monkey Franchise Centers
October 21, 2021
FullSpeed Automotive completed the acquisition of three quick-lube and automotive service centers — Super Lube Service in Bolivar, Missouri and two franchised Grease Monkey centers in Savage and Eden Prairie, Minnesota — as part of a broader string of transactions. These deals bring FullSpeed's total acquisitions since the start of the third quarter to fourteen and will see the new locations rebranded under its Grease Monkey or SpeeDee Oil Change & Auto Service banners; FullSpeed is a platform company owned by MidOcean Partners.
- Buyers
- FullSpeed Automotive
- Targets
- Super Lube Service (Bolivar, Missouri), Grease Monkey (Savage, Minnesota franchise), Grease Monkey (Eden Prairie, Minnesota franchise)
- Sellers
- Kathy Wagoner, Unnamed Grease Monkey franchise owners
- Platforms
- FullSpeed Automotive
- Industry
- Automotive
- Location
- United States
- Transaction Type
- Addon
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