CLEVELAND (June 4, 2015) — Lube Stop Inc., a 37-location quick service oil change operation in Northeast Ohio, has acquired the assets of Grease Spot Inc., a 13-unit quick service oil change operator with locations in Illinois and Iowa.
“For nearly 30 years, Grease Spot has been delivering consistent, convenient and affordable automotive service to customers across the northern Illinois and eastern Iowa markets,” said Tony Cammerata, Lube Stop president. “With this acquisition, we are excited to be joining forces with a highly-experienced Grease Spot team as we look to expand the Lube Stop brand and suite of services into exciting new markets.”
Financial terms were not disclosed. The company, which is retaining Grease Spot employees, plans to eventually rebrand the Grease Spot locations as Lube Stop.