IRWINDALE, Calif. — Independent Tire Dealers Group L.L.C. (ITDG) has added Turbo Wholesale Tires to its roster of approved supplier partners, providing its member companies access to Turbo's Lexani, Lionhart and Rolling Big Power (RBP) proprietary brands.
The announcement comes just weeks after Turbo Wholesale Tires and Tire Wholesalers Inc. combined their operations, creating a business with five wholesale distribution centers across the U.S. and eight months after private-equity provider Kingswood Capital Management L.P. bought controlling interest in Turbo Wholesale.
ITDG President and CEO Jason Rook called Turbo Wholesale Tire "well known and respected" and said ITDG believes the Lexani, Lionhart, and RBP brands can bring "tremendous value to our more than 1,000 member locations."
Turbo Wholesale CEO Phillip Kane called ITDG and its "vast array of aligned retailers … and ideal choice" for Turbo as it builds a "differentiated" wholesale business.
"The goal of every Turbo associate is to make the brands we choose to associate with more quickly available to more consumers who ask for them and at more retailers who choose to bolt them on," Kane said.
Founded in 1994 by a handful of dealers in California exploring buying options outside of the Tier 1 producers, member-owned ITDG has grown to 164 member-companies generating nearly $350 million in annual purchases through 1,000-plus points of sale in 45 states.
In business since 1983, Turbo Wholesale Tires operates primarily out of a 300,000-sq.-ft. warehouse distribution facility in Irwindale.
