Take 5 Oil Change Acquires QuikStop Oilube
May 22, 2017—Take 5 Oil Change announced the acquisition of QuikStop Oilube of Burlington, Ky., which operates 10 locations in the greater Cincinnati market. The acquisition marks Take 5 Oil Change’s entry into the Cincinnati market, as well as the states of Indiana and Kentucky.
Based in Louisiana, Take 5 Oil Change, which specializes in oil change services, joined Driven Brands’ Quick Lube Division in March 2016 and has expanded rapidly across the United States. QuikStop Oilube has four locations in Ohio, five locations in Kentucky and one location in Indiana. These locations will convert to the Take 5 Oil Change format over the coming months and Take 5 Oil Change will now operate 47 locations in Ohio, with five in Kentucky and one in Indiana.
“I’m thrilled to bring the speed and efficiency of Take 5 Oil Change to the greater Cincinnati market,” said Marc Graham, Take 5 CEO and group president of Driven Brands’ quick lube division. “The opening of 10 locations across Cincinnati and the entry into two new states is significant and a great compliment to our other Ohio locations, ensuring drivers throughout the region can experience an efficient, friendly, high-quality oil change with low pressure sales.”