Straightaway Tire & Auto Expands its Reach with Acquisitions of Accurate Auto and Wayne's Automotive

In a significant move to strengthen its presence in the Minnesota market, Straightaway Tire & Auto, a leading independent aftermarket automotive repair and service platform, has announced the acquisitions of Accurate Auto & Tire Service and Wayne's Automotive. These strategic acquisitions further solidify Straightaway's position as a top player in the industry.

Accurate Auto, with over 25 years of experience, has been serving the Maple Grove, MN market with its full-service auto repair facility. Similarly, Wayne's Automotive, with over 35 years in operation, has been catering to the Grand Rapids, MN market. Both companies have established a strong reputation and loyal customer bases over the years.

"We're thrilled to welcome the teams at Accurate Auto and Wayne's to the Straightaway family," said Jeff Matt, Division President of Straightaway Tire & Auto. "Their commitment to providing excellent customer experiences aligns perfectly with our core values. We look forward to working together to uphold their reputations and deliver exceptional service to our customers."

This move not only expands Straightaway's footprint in the Minnesota market but also underscores its commitment to growth and market leadership. By leveraging the resources of its comprehensive platform, Straightaway aims to drive localized growth and enhance customer experiences across its expanding network.

"The addition of Accurate Auto and Wayne's Automotive represents an exciting opportunity to strengthen Straightaway's presence in the Minnesota market," commented Joe Vallee at O2 Investment Partners, the private equity firm behind Straightaway. "These acquisitions highlight our dedication to supporting Straightaway's ongoing expansion efforts by utilizing the platform-wide resources available to drive growth in local markets."

With over 40 locations across Colorado, Florida, Maine, Minnesota, New Hampshire, and Wisconsin, Straightaway Tire & Auto is a leading independent, full-service aftermarket automotive repair and service platform. The company offers a comprehensive suite of services, including mechanical and electrical repairs, preventative and scheduled maintenance, EV and hybrid vehicle service, glass repair, and tire sales. Straightaway's commitment to quality and customer satisfaction has positioned it as a trusted choice for automotive repairs and service.

As Straightaway continues to grow its presence throughout the United States, the company actively seeks out partnership opportunities with operators who share its vision and seek accelerated growth. By partnering with operators who align with its values, Straightaway aims to expand its network while maintaining its commitment to exceptional service standards.

About O2 Investment Partners:

O2 Investment Partners is a private equity firm based in the Midwest. The firm focuses on investing in lower middle-market B2B services, technology, and select industrial companies. O2 seeks out businesses with strong growth potential and a clear path to creating shareholder value. With a partnership-oriented approach, O2 works closely with management to build and grow businesses, taking them to the next stage of development.

For more information about Straightaway Tire & Auto and O2 Investment Partners, please visit their respective websites at www.gostraightaway.com and www.o2investment.com.

In conclusion, Straightaway Tire & Auto's acquisitions of Accurate Auto and Wayne's Automotive underscore its commitment to growth and expansion in the Minnesota market. These strategic moves position Straightaway as a leading player in the aftermarket automotive repair and service industry, allowing them to better serve customers and uphold their reputation for excellence. With a comprehensive suite of services and a focus on customer satisfaction, Straightaway continues to strengthen its position as a trusted choice for automotive repairs and service.