FullSpeed Automotive Acquires Kwik Kar
July 6, 2022—FullSpeed Automotive has acquired the Kwik Kar brand, including the intellectual properties of Kwik Industries, Inc.
According to a press release, the most recent acquisitions for FullSpeed include 25 new Kwik Kars in Dallas and a grand total of 54 company operated Kwik Kar related centers, four Texas Express Lube centers, and units in Florida, Connecticut, Wisconsin, and New Mexico.
Kwik Kar offers full-service oil changes, state inspections, vehicle maintenance, and more. Kwik Kar was awarded #2 in 2022 for overall customer satisfaction and full-service maintenance and repairs by JD Power.
“We are thrilled to acquire a quality brand like Kwik Kar that has such a tremendous reputation and loyal customer base,” said Kevin Kormondy, Chief Executive Officer of FullSpeed Automotive in the press release. “This acquisition further solidifies our position as one of the nation’s largest automotive aftermarket services operators and franchisors. We look forward to further developing the Kwik Kar brand as well as growing the number of units that we own.”
Kwik Kar joins FullSpeed's roster of brands like Grease Monkey and SpeeDee Oil Change & Auto Service.
This completed acquisition of Kwik Kar brings FullSpeed to 10 acquisitions in 2022 and a total of 40 units throughout six states. FullSpeed's expansion goal is to have 1,000 units by the end of 2023.