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FullSpeed/Grease Monkey acquires 10 locations in 5 states

FullSpeed/Grease Monkey acquires 10 locations in 5 states
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GREENWOOD VILLAGE, Colo. FullSpeed Automotive, operator and franchisor of the Grease Monkey and SpeeDee Oil Change businesses, has acquired 10 automotive maintenance and repair centers in five states that it s rebranding under the Grease Monkey banner.
The acquired centers in Georgia, South Dakota, Texas, Utah and Wisconsin will expand the Grease Monkey network to over
260 locations in 35 states. Financial details of the five deals were not disclosed.
FullSpeed CEO Kevin Kormondy lauded the acquired businesses previous owners for the tremendous job they did in building strong businesses with a loyal guest following.
FullSpeed identified only one of the five businesses acquired: ....

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Grease Monkey franchisor FullSpeed acquires Economy Oil Change

Grease Monkey franchisor FullSpeed acquires Economy Oil Change
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GREENWOOD VILLAGE, Colo. Grease Monkey and SpeeDee Oil Change franchisor FullSpeed Automotive acquired Manchester, Conn.-based Economy Oil Change on Dec. 22.
Economy Oil Change operates three locations, in Glastonbury, Manchester and Vernon, Conn.
We are very excited to add Economy Oil Change to our family of 600-plus automotive centers, FullSpeed CEO Kevin Kormondy said.
Economy has an impressive operation and extremely loyal customer base. This purchase was an opportunity for us to demonstrate our commitment to growth in the northeastern United States and is an outstanding complement to our existing brands, he added. ....

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