Take 5 Oil Change Announces Acquisition of QuikStop Oilube
Charlotte, N.C. (PRWEB) May 17, 2017 -- Today 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.
QuikStop Oilube was founded in 1987 by Jeff and Cathie Simmons, and is headquartered in Burlington, KY. 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.
The growing Take 5 Oil Change specializes in fast and convenient oil change services, while the driver waits in the comfort of their car and enjoys a complimentary beverage or bottled water. Take 5 Oil Change boasts drive-through oil changes that take an average of eight minutes and additional services including air filter replacement, wiper blade replacement and coolant exchanges. Across the U.S., Take 5 Oil Change now operates 257 locations in 16 states.
“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.”
Jeff Simmons, owner of QuikStop Oilube stated, “Take 5 was selected as the successor to our QuikStop Oilube stores because it is a solid and growing national player in the convenient oil change business. This position will allow them to continue to serve our loyal customers we have earned over the last 30 years, and offer excellent opportunities for our employees as well.”
Based in Louisiana, Take 5 Oil Change joined Driven Brands’ Quick Lube Division in March 2016 and has expanded rapidly across the United States. To find the nearest location, visit Take5OilChange.com.
About Take 5 Oil Change
Take 5 Oil Change has been serving customers for more than 30 years. In 1996 Take 5 designed the first "5 Minute Drive-Thru Oil Change" location. Take 5 Oil Change is the market leader in speed and quality, and is the fastest growing quick lube chain in the country. For more information, visit Take5OilChange.com.
Driven Brands
Driven Brands, headquartered in Charlotte, NC, is the parent company of North America’s leading automotive aftermarket brands across four distinct verticals: Repair & Maintenance, housing Meineke Car Care Centers®; Paint & Collision, housing Maaco® and CARSTAR North America®; Distribution, housing 1-800-Radiator & A/C®; and Quick Lube, housing Take 5 Oil Change. Driven Brands has more than 2,500 centers across North America, and combined, all businesses generate more than $2.3 billion in system sales. For more information, visit DrivenBrands.com.
Deborah Robinson, Driven Brands, +1 (312) 505-4336, [email protected]
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