CHARLOTTE, N.C. — Take 5 Oil Change has acquired QuikStop Oilube of Burlington, Ky., which operates 10 locations in the greater Cincinnati market, marking Take 5's entry into Indiana/Kentucky/Ohio tri-state area.
The acquisition boosts Take 5's presence in Ohio to 47 locations and 257 stores in 16 states. Take 5 is a Driven Brands Inc. entity.
Financial terms of the deal were not disclosed.
Jeff Simmons, owner of QuikStop Oilube, called Take 5 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."