FullSpeed Automotive Acquires American LubeFast
Jan. 30, 2020—FullSpeed Automotive has acquired American LubeFast (ALF), a provider of quick lube services with 50 total locations in Georgia, Florida, Mississippi and Alabama, according to a press release.
According to the release, this transaction marks FullSpeed’s 14th acquisition since its private equity firm, CenterOak Partners LLC, completed a majority investment in November 2017 and expands FullSpeed’s footprint to over 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."
FullSpeed Automotive is a franchisor and operator of automotive service centers primarily under the Grease Monkey and SpeeDee brands. The Company’s service offerings include oil changes, tire sales and rotations, brake services, car washes and other ancillary services.