MOORPARK, Calif. — Depending on how quickly certain deals are worked out, Big Brand Tire & Service, the rapidly growing Moorpark-based dealership backed by Percheron Investments Management L.P., likely will have upwards of 200 retail stores — perhaps up to 250 — in operation throughout the western U.S. before year-end.
With its most recent deal, for 11 auto service centers in the Tucson, Ariz., metro area from MPG Tire & Auto Service, now largely integrated into the Big Brand family, management can start considering some of the potential takeover candidates already targeted and/or evaluate when and where a greenfield project would complement the growing footprint.
Those are some of the observations that Joe Buscaglia, Big Brand's CEO, shared with Tire Business in a phone conversation shortly before the MPG Tire acquisition was made public.
That deal, which closed June 7, increased Big Brand's store network to nearly 180 locations in Arizona, California and Colorado.
Founded in 2009 by Patrick Lopez, MPG also listed three retail locations in El Paso, Texas, among its assets, but those apparently are not part of this deal. Big Brand's announcement did not mention them.
Financial terms of this transaction were not disclosed, as has been the case with all of Big Brand/Percheron's acquisitions.
In prepared remarks, Buscaglia said the MPG Auto transaction "exemplifies our commitment to building a premier tire and automotive service platform through strategic acquisitions, new greenfield units and investments in our industry-leading technology infrastructure."