Accurate Auto & Tire Service and Wayne's Automotive have a combined experience of more than 60 years in the industry.
Straightaway Tire & Auto expanded its reach in Minnesota by acquiring Accurate Auto & Tire Service and Wayne's Automotive, facilitated by O2 Investment Partners, which announced the move.
"We're very excited to welcome the teams at Accurate Auto and Wayne’s to the Straightaway family," said Jeff Matt, division president of Straightaway. "They have each earned loyal customer bases over their decades in operation, and we look forward to working together to uphold their reputations for great customer experience."
The two well-established businesses have a combined experience of more than 60 years in the automotive repair industry.
Accurate Auto has been a cornerstone in the Maple Grove, MN, market for over 25 years, offering comprehensive auto repair services. Similarly, Wayne's Automotive, with more than 35 years of operation, has been a key player in the Grand Rapids, MN, market.
"The addition of Accurate Auto and Wayne’s will further strengthen Straightaway’s already robust presence in Minnesota," said Joe Vallee of O2 Investment Partners. "Furthermore, the transactions highlight our commitment to support Straightaway’s continued expansion by leveraging platform-wide resources to drive localized growth."
The terms of the transactions were not disclosed.
Abby Andrews