July 8, 2021—FullSpeed Automotive announced Wednesday its acquisition of 25 quick lube and automotive service centers in the Dallas-Fort Worth market.
The acquisition included four different automotive center brands according to a news release, though the majority are Kwik Kar service centers. All 25 were owned by the same person, Ryan Ghoutiemeh, before the acquisition.
“The teams that operate these centers have a long history of serving the Dallas-Ft Worth metro, and I appreciate their dedication to delivering quality car care,” Ghoutiemeh said in the release. “They are in good hands with FullSpeed. I am impressed by the FullSpeed team, as they are focused on a smooth transition for our employees and customers and have a vision for future growth.”
The acquisition is the latest in a series of expansions for the Colorado-based automotive service chain. Since November 2020, FSA has completed 12 acquisitions totaling 46 new centers, bringing the total number of locations for the chain to more than 675.
