FullSpeed Automotive Acquires American LubeFast
Jan. 29, 2020—FullSpeed Automotive has acquired American LubeFast, a quick lube chain with 50 total locations in Georgia, Florida, Mississippi and Alabama, according to a press release.
This the 14th acquisition for FullSpeed's private equity firm, CenterOak Partners LLC, which took over a majority investment in November 2017. FullSpeed’s footprint is now more than 560 domestic and international locations.
"We are proud of this partnership with FullSpeed and of the business we worked hard to build," said Tim Embry, owner of American LubeFast. "We are impressed with the FullSpeed team and know that our customers will continue to be served well under their ownership."