February 09, 2012
Franchise News Watch

Your Automotive Franchise Mergers & Acquisition News Source

Franchise News Watch brings you the latest in automotive franchising mergers & acquisition news from around the web. As a news aggregator for the automotive franchise industry, Franchise News Watch streams the latest ground breaking franchise articles, features, guides, blogs, news and more directly to your desktop.

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Automotive Franchise Mergers & Acquisition News

Volvo Rents Acquires First Locations in Puerto Rico

In 2011, Volvo Rents expanded its presence nationally, acquiring more than 50 companies in the United States, as well as internationally, as the brand acquired six new locations in Canada.

Volvo Rents California Growth Continues with Latest Acquisition

Volvo Rents announces the acquisition of SoCal Rental Equip Rent, a single location construction equipment rental company in Glendora, CA.

Volvo Rents Midwest Growth Continues with Newest Acquisition

Volvo Rents announces the acquisition of Midwest Aerials and Equipment, Inc., a four-location construction equipment rental company with stores in St. Louis, Kansas City and Springfield, Mo. as well as one location in Bloomington, Ill.

Volvo Rents Opens First Kansas Locations Through Newest Acquisition

Volvo Rents announces the acquisition of Richardson Equipment Company, LLC (R-Quip Equipment Rentals), a two-location construction equipment rental company based in Kansas, with stores in Wichita and Pittsburg.

Harvest Partners Announces Acquisition of Driven Brands, Inc.

Harvest Partners, LP (“Harvest”), a New York-based private equity firm, announced today that it has completed the acquisition of Driven Brands, Inc. (“Driven” or the “Company”), in partnership with management, from...

Driven Brands Accelerates Growth with Maaco Purchase

Driven Brands, Inc., the parent of Meineke Car Care Centers, Econo Lube N' Tune, AutoQual, Aero Colours, Drive N Style, and Tortal.net, announced today the acquisition of Pennsylvania-based Maaco Franchising, Inc., the market leader in franchised auto...

Dollar Thrifty Car Rental Franchise Affirms Recommendation Of Hertz Merger

Dollar Thrifty Automotive Group, Inc. ("Dollar Thrifty") (NYSE: DTG) today issued the following statement regarding the revised proposal made by Avis Budget Group ("Avis Budget") (NYSE: CAR) on September 23, 2010...

'Digging' Its Way Into Wichita Falls and Dallas

Volvo Rents announces the acquisition of SCS Equipment, Inc., a two location equipment rental company based in Texas, with stores in Wichita Falls and Dallas.

Jiffy Lube Franchise Group Announces Acquisition of 23 Service Centers in Colorado

Jiffy Lube(R) franchisee Griffin Fast Lube today announced the acquisition of 23 Jiffy Lube service centers in Colorado, including locations in the Denver and Colorado Springs markets. In addition to the 27 Jiffy Lube service centers the company owns...

Altamont Capital Partners acquires J.D. Byrider

J.D. Byrider, the Indianapolis-based leading used car sales and finance business, announced today that it has been acquired by private equity firm Altamont Capital Partners (Altamont).

Midas

Midas Acquires 22 Northern California Midas Shops from Franchisee

Midas, Inc. (NYSE: MDS) has acquired 22 Midas automotive service shops in Northern California from franchisee Maurice I. Glad. The transition was completed this weekend, and the shops opened today under Midas' management. There was no interruption in...

Europcar International purchases its Asia Pacific master franchise

Europcar Asia Pacific, one of the country's leading car rental companies, has been purchased by its parent company Europcar International for an undisclosed amount.

Midas

Midas Acquires Franchisor of 181 SpeeDee Auto Service Centers

Midas, Inc. (NYSE:MDS) has acquired the assets of G.C. & K.B. Investments, Inc., and its affiliated entities that franchise or sub-franchise 181 SpeeDee quick-lube and automotive maintenance shops in the United States and Mexico.

1-800-Radiator Announces Second Purchase in a Week of Automotive Radiator Business With Acquisition of San Diego, CA's AAA Radiator Warehouse

1-800-Radiator, an auto-parts distribution franchise and the largest independent auto parts distributor in the nation, today announced its second purchase in a week of an automotive cooling parts business with the acquisition of AAA Radiator Warehouse...

Hertz and Dollar Thrifty Agree to $50 per Share Offer

Hertz Global Holdings, Inc. (NYSE: HTZ) ("Hertz") and Dollar Thrifty Automotive Group, Inc. (NYSE: DTG) ("Dollar Thrifty") today jointly announced an agreement to amend their merger agreement to provide for Hertz to acquire Dollar Thrifty for an increased

Local Glass Doctor(R) Franchises Merge

Two Mississippi Glass Doctor(R) franchises have merged to better serve customers in the Jackson area.

1-800-Radiator, the Nation's Leading Auto-Parts Distribution Franchise, Announces Acquisition of B&B Radiator in Texas

1-800-Radiator, an auto-parts distribution franchise and the largest independent auto parts distributor in the nation, today announced its purchase of B&B Radiator, a family-owned and operated automotive cooling parts business...

1-800-Radiator Acquires Tri-US Radiator, a New York Family-Owned and Operated Automotive Cooling Parts Business

1-800-Radiator, an auto-parts distribution franchise and the largest independent auto parts distributor in the nation, today announced it has acquired Tri-US Auto Radiator, a family-owned and operated automotive cooling parts business with locations...

Dollar Thrifty Automotive Group Acquires Dollar and Thrifty Franchises in Six Airport Markets

Dollar Thrifty Automotive Group, Inc. (NYSE: DTG) today announced the acquisition of the Thrifty Car Rental in-terminal operations at Kansas City International Airport; Omaha Eppley Airfield and Lincoln Airport in Nebraska; and Springfield-Branson...


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Features & Special Reports

"The Proven Match" for Finding Qualified Franchisees Debuts on Franchising.com Ad Portal

Proven Match has teamed up with Franchise Update Media Group (FUMG) to give results-driven franchisors a cost-saving profiling service that delivers pre-qualified candidates.

Restaurateur Extraordinaire: Sam Covelli Does It With More Than 200 Locations

Sam Covelli says he grew up in the restaurant business working in his father's McDonald's.

Running For Charity: Colortyme Franchisee Raises Money And Awareness For Children's Hospital

This April will mark the third year in a row that Al Coelho has run the 26-mile Boston Marathon. That's a significant achievement. But it's only a part of what Coelho will do that day.

Turning Up The Heat: Learning How To Handle Irate Customers And Look Like A Hero

Irate customers. No matter how good you are at what you do, what business you are in, or where it is located, you will at some point find yourself facing an irate customer.

Sustaining Business: Zane Tankel On Growing During Tough Times

As the economy continues to struggle through a slow recovery, business people everywhere are looking for any tools or techniques that will help them keep their businesses alive and thriving.

Creating a Cost-Effective Lead Generation Strategy

For many franchisors, the traditional advertising vehicles - portals, print advertising, PR, and broker networks - do not appear to be working as effectively as they were five years ago.

New Highlights from the 2012 AFDR

In the previous two issues of FUSR, we published (1) a high-level overview of the 2012 Annual Franchise Development Report (AFDR), followed by (2) a selection of highlights from the report.

Finding Your Optimal Buyer: Sellers Must Learn To Look Beyond Price

When sellers are contemplating a decision regarding the sale of their business, they overwhelmingly select the bidder with the highest price, only to find afterward that this might not have been the best decision for their circumstances.

The Four Steps to Lead Generation Success, Part 4: Wow 'Em!

This fourth installment builds on those ideas, showing how you can "wow" your candidates and the importance of how you present your concept to them.

The Winner's Column - February 2012

As savvy franchise companies continue to flourish in a volatile economy, FUSR continues to bring you good news each month, highlighting brands that are adding units, increasing comp store sales, striking deals with investors, innovating, and continuing to grow, whether domestically or overseas.

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