FullSpeed Automotive™ Acquired by CenterOak Partners
Greenwood Village, Colorado – November 9, 2017 – Grease Monkey International, LLC, (dba FullSpeed Automotive™), one of the nation’s largest independent franchisors of automotive quick-lube centers, was acquired recently by CenterOak Partners LLC, a Dallas-based private equity firm with a focus on making control-oriented investments in middle market companies.
FullSpeed Automotive’s brands include: Grease Monkey®, SpeeDee®, LubePro’s®, and Monkey Shine® car wash. The Retail Operations division also operates Havoline® xpress lube® locations in addition to Grease Monkey and SpeeDee centers.
“FullSpeed Automotive has grown tremendously in the last five years under the leadership of President and CEO John B. Adams and I am very proud of the team’s accomplishments,” said Chester Stokes, outgoing Chairman of the Board and, formerly, the primary shareholder of the company. “The company has proven that it is ready for even greater growth with the successful acquisition of SpeeDee® Oil Change & Auto Service this past February.”
“We are very excited about the growth potential in the automotive service industry and see an attractive opportunity for future consolidation,” said Randall Fojtasek, Managing Partner of CenterOak. “Acquiring a company like FullSpeed Automotive – already performing above industry growth rates with its well-known brands – provides the ideal investment platform to accelerate both organic growth and footprint growth through acquisitions.”
The current FullSpeed Automotive management team will continue to serve under the leadership of President and CEO John B. Adams.
“The company has accomplished great things through smart investments, open collaboration, excellent execution and unrelenting commitment, yet there is so much more we can achieve with this formula for success,” said Adams, expressing gratitude to outgoing Board Members, existing Franchisees and the ongoing Support Team. “We look forward to partnering with CenterOak, which has the resources and expertise necessary for the next chapter of unprecedented growth.”
Grease Monkey® Expands to South America, Starting with Colombia
Denver, Colo., November 1, 2016 – Grease Monkey International, Inc. is excited to announce the opening of the first Grease Monkey® center in Colombia, South America. The center officially opens on November 1, 2016 and is located in the city of Medellín, the second largest city in Colombia.
From center appearance to services offered, the Grease Monkey center in Medellín is a unique business in Colombia. The center’s appearance is truly spectacular because of the detailed work that went into building it. One example of the extraordinary work that went into the design of the building is the hand-painted epoxy floor in the bay. When customers walked into the center, they could not believe it was an oil change facility—it looked so nice, some of them thought it was a restaurant.
The development of this center is a huge accomplishment for Grease Monkey International, Inc. and especially for the Owner, Juan Luis, and his team in Colombia.
“The amount of time and effort Juan Luis put into the center to mirror the Grease Monkey model is astonishing. There were many hurdles to overcome with sourcing items in Colombia, but Juan Luis was very diligent,” said Rick Juarez, Director of Purchasing and Corporate Regional Director of Grease Monkey International, Inc.
Grease Monkey Colombia has a bright future to look forward to. The center itself is equipped with a training facility, which will allow for employees to constantly update their knowledge and skills. The employees are eager to be a part of such a customer driven company.
Founded in 1978 and headquartered in Denver, Colorado, Grease Monkey® International, Inc. is one of the largest automotive maintenance franchisors – not owned by a major oil company – with more than 300 centers currently located in the United States, Mexico, South America and looking forward to the addition of centers in Saudi Arabia in early 2017. Grease Monkey centers focus on providing a “less hassle, more hustle” customer experience to fit the busy lives of the driving public by meeting its vehicle maintenance needs. Grease Monkey centers provide oil changes and other services that meet or exceed vehicle owner’s manual specifications and maintain warranty requirements. Other services include fluid, filter and tire maintenance, as well as brake services.
For more information, go to www.greasemonkeyintl.com.
Grease Monkey International Selects Advance Professional as 2016 Vendor of the Year
Denver, Colo., October 25, 2016—Grease Monkey International, Inc. is pleased to announce its 2016 Vendor of the Year, Advance Professional. The award was presented to Advance at the 2016 Grease Monkey International Conference, which was held in Scottsdale, Arizona, September 22 – 25.
Advance has been a valued vendor of Grease Monkey for well over two decades, with a strategic partnership forming approximately two years ago.
“Advance Professional has become a superb vendor for Grease Monkey. Our partnership thrives because they understand our direction and have effortlessly aligned with Grease Monkey,” said Rick Juarez, Director of Purchasing and Corporate Regional Director of Grease Monkey International, Inc. “We deeply appreciate the support and training we have received from them.”
Advance Professional is the Commercial business segment of Advance Auto Parts, Inc., a leading automotive aftermarket parts provider in North America that serves both professional installer and do-it-yourself customers. With more than 5,000 company-operated stores and a dedicated sales force, Advance provides Commercial customers access to thousands of quality parts in addition to business solutions, programs, and training that shops need to help grow their business.
Grease Monkey has gained a lot of value from its partnership with Advance. The respect the companies have for each other is mutual.
“We’re honored to be named Grease Monkey’s Vendor of the Year,” said Advance’s Director, Strategic Accounts Scott Krinsky. “Grease Monkey is a valued partner to Advance and we’re proud to have the opportunity to serve them. We look forward to continuing to grow our partnership by providing the parts, service and business solutions that Grease Monkey needs so they can serve their customers better than anyone else.”
Grease Monkey® Franchisee of the Year – Tyson Daniels
Denver, Colo., October 5, 2016 – Grease Monkey International, Inc. Franchisee, Tyson Daniels was honored by the International Franchise Association with its Annual Franchisee of the Year Award. The award winner is elected by their franchise company and is done so based on a number of qualifications, all of which have been exceeded by Daniels.
Daniels owns five Grease Monkey® centers in Idaho and has been a part of the Grease Monkey family since 2014. Ever since he became a Franchisee with Grease Monkey, Daniels has undeniably taken the Grease Monkey System of Operations to the highest level. All of his centers are Pit Crew Certified and have installed and adapted the Pit Crew Guarantee™.
Daniels continues to see sales increase at all of his centers, which can be attributed to his superior leadership skills and his dedication at each center. He has worked hard at building a strong team of employees who are all extraordinarily customer focused and Grease Monkey driven. Daniels keeps the teams at each center motivated by sending weekly updates to everyone, by holding a weekly Manager and Customer Service Manager meeting and by creating serious competition between the centers.
Not only does Daniels make a difference in his centers, he also positively impacts his community and requires his managers to pick a nonprofit group to join. After two years of being a Grease Monkey Franchisee, he is a Franchisee many others already look to for guidance.
Grease Monkey® Supports the Messner Foundation’s Fundraising Event
Greenwood Village, Colo., June 3, 2016 – Grease Monkey International, Inc. is pleased to support the Messner Foundation in its current fundraising event of raffling off a brand new 2016 Starwood Custom Jeep Wrangler. Proceeds from raffle tickets will go to the organization’s primary cause, which is to help underprivileged high school students with exemplary leadership skills go to college by funding them and pairing them to a mentor.
In support of the Messner Foundation, Grease Monkey® Support Center is raising awareness of the organization and its current raffle event. The raffle drawing will be held on June 11, 2016, 9 p.m. at Messner Reeves LLP 1430 Wynkoop Street, Denver, Colorado 80202. The Messner Foundation will be hosting a block party to accompany the excitement of the raffle. Grease Monkey® has included a digital banner with raffle details on its corporate website and social media pages.
The Messner Foundation seeks at-risk, underprivileged youth who have gone above and beyond their peers throughout their high school years. These students are full of potential. They have demonstrated skills such as leadership and entrepreneurialism, and they add value to their community—they are the potential leaders of their generation. However, their financial situation leaves them discouraged when thinking about college. The Messner Foundation funds scholarships and provides a mentor to qualifying high school seniors. The organization raises funds by hosting events such as the raffle and by collecting donations. For more information on how you can help the Messner Foundation’s mission, visit its website.
Opportunities are Doubled in Phoenix, Arizona With The Opening of Its Second Grease Monkey® Center
Greenwood Village, Colo., March 29, 2016 – Grease Monkey International, Inc. is excited to announce the opening of a second center in Phoenix, Arizona. Grease Monkey® Phoenix #1055 opened its doors for business on March 9, 2016. The center was welcomed into the community with its grand opening party on March 25 and 26.
Present at the event were the Mobil 1 NASCAR simulator and Tony Stewart’s No.14 Mobil 1 Chevrolet, both of which were a hit with the crowd. There were also lots of giveaways, free food and refreshments, and exclusive grand opening discounts on oil changes as well as other services. Throughout the weekend the center had the pleasure of servicing many vehicles and meeting many new citizens of the local community.
Both of the centers in Phoenix are owned by brothers, Laurence and Scott Stinson. Their franchising journey with the Grease Monkey® brand began in September of 2015. Within a few months of being in business, the Stinson brothers decided to expand their services by setting up a new location.
“We are excited about this new location providing convenient, quality vehicle preventive maintenance service to Phoenix and the surrounding area,” said Senior VP of Operations, Ralph Yarusso. “The great community response to the grand opening provides evidence consumers are looking for a maintenance center they can trust and that provides services quickly and affordably.”
The future is bright for Grease Monkey International, Inc. as it will continue to grow in Phoenix and the surrounding areas. Two additional licenses have already been sold in Phoenix and 20 more centers are forecasted to open in the state by 2020.
Grand Opening Celebrations for Grease Monkey® Laredo #1004 Will Happen on March 4th- 6th of 2016
Greenwood Village, Colo., March 3, 2016 – Grease Monkey International, Inc. is thrilled to announce the anticipated wait for our new center to open in Laredo, Texas is now over. The center, Grease Monkey® Laredo, officially opened for business on Leap Day, February, 29, 2016. To commemorate its opening, the center will have its grand opening party on March 4th, 5th, and 6th of 2016, starting at 8 am on that Friday.
Join the center’s grand opening celebrations at its stunning site, located at 2518 NE Bob Bullock Loop, Laredo, TX 78045. The grand opening is open to the public and is an event the entire family can enjoy. The event will have drawings and giveaways each day, hotdogs and refreshments, and the Mobil 1 race car will be present. There will also be big, money-saving, promotions on oil changes throughout the weekend.
Grease Monkey® Laredo brings the community of Laredo, Texas a fast and friendly place to get their oil changed and more. The center also features a high-tech car wash with many additional features such as complimentary vacuuming stations. Visit its website for detailed information on the center and services offered.
Grease Monkey International, Inc. is confident this center will not only keep its customers happy, but also its local community. The center’s owner, Robert A. Rodriguez, is a man filled with compassion, dedication, and enthusiasm. Even before the center opened, Robert and his team got involved in their local neighborhood by being a sponsor of a fundraising event for Communities in Schools of Laredo. It is going to be one exciting ride for Grease Monkey® Laredo and its community.
Grease Monkey® Franchisee Owner Awarded The National Oil & Lube News 2015 Operator Of The Year
Greenwood Village, Colo., January 11, 2016 – Grease Monkey International, Inc. congratulates its very own, Ron Morrow, a well-known and respected Grease Monkey® Franchisee, on being awarded the National Oil & Lube News 2015 Operator of the Year.
Ron owned his first oil change store in 1994. As his interest in the industry continued to grow, so did the number of locations he owned. By 2005, Ron owned eight stores, and as of 2015 he is a proud owner of 17 Grease Monkey® Franchises and six quick lube/car wash combination stores in Colorado, employing nearly 120 people throughout Colorado.
A large part of Ron’s success comes from a combination of having outstanding business skills, keeping to his principles, and learning from his experiences. Ron places a focus on increasing sales, but he would say his emphasis on building and maintaining outstanding relationships with his employees and vendors is what really drives the sales. The positive relationships he cultivates is crucial in creating the conducive work environments where his employees can excel.
Since 2005, Ron has been the president of Grease Monkey’s International Franchisee Advisory Council (IFAC). In 2013, his leadership in the IFAC led him to receive the annual Franchisee of the Year award from the International Franchise Association.
Ron continuously shows excellence in the industry as well as outside of it. He is actively involved in giving back to the community, especially when it concerns veterans or children. Ron is a big activist of raising money for K9 For Warriors, a non-profit organization that uses service dogs to help injured or traumatized veterans with their recovery. Grease Monkey International Inc. has embraced K9 For Warriors as its national charity since 2001. He also goes beyond the corporate-wide philanthropy efforts by involving his centers in other fundraisers, such as sponsoring the youth sports program at the Children’s Hospital.
Grease Monkey® Terre Haute Provides Funds for Noon Optimist Club Clothe-A-Child Program
Greenwood Village, Colo., December 23, 2015 – The Grease Monkey® center in Terre Haute, IN has been supporting the Noon Optimist Club’s Clothe-A-Child program for more than 10 years. The center has a donation jar in the lobby Welcome center. On average, the donation jar collects $1800 to $2000 in donation a year. In the Welcome Center refreshments are provided to customers, as they wait while their car is being serviced.
The funds raised in the donation jar are then donated to the Noon Optimist Club’s Clothe-A-Child program to help provide winter clothes for children in the Vigo county public school system, grades K – 6th.
The teachers recommend the children in need, and the members of the Noon Optimist Club then interview the children to determine what they need. This year’s event took place on December 12, 2015 and provided shirts, pants, socks, underclothes, hoodies, and jackets to more than 750 children in the county. The day is set up as a day of fun for the children, with a bag of clothes and goodies for each child, and even a visit from Santa.
When this fundraising project started, this Grease Monkey® center was owned by Franchisee Joe Misterka, who is the treasurer for the Noon Optimist Club. When Joe retired last year, Grease Monkey International, Inc. took over ownership and operation of the center, and has continued to support this annual fundraiser. Jason Sepich, Market Manager for the Terre Haute Grease Monkey® center said, “We really enjoy supporting this great cause for the kids through the Noon Optimist Club in Terre Haute.”
Grease Monkey® 2015 Pit Crew Challenge Winners - Parker #687
Greenwood Village, Colo., December 4, 2015 – Grease Monkey International, Inc. is pleased to announce the winners of its third annual Winners’ Circle Pit Crew Challenge. The National Championship was held on Sunday, October, 25 in Denver, Colorado.
The challenge is part of the Certified Pit Crew Program that Grease Monkey International developed to recognize the organization’s top performing technicians. In order for a Grease Monkey® location to become a Certified Pit Crew, the location must meet a strict set of criteria including top scores on the technician required certification courses and competitive time trials on the Full Service Oil Change.
Grease Monkey® Certified Pit Crews from across the country participated in the Area and Regional challenges held over the past few months.
“The Pit Crew Challenge has far exceeded our expectations. Our goal for this program was to recognize our technicians as heroes to our customers, and the concept has really taken off. The Pit Crew Challenge has made the technician job fun and competitive while at the same time raising their level of expertise across the board. The technicians are wearing their Certified Pit Crew uniforms with great pride,” said Grease Monkey International Senior Vice President, Operations & Business Development, Ralph Yarusso.
The National Champions of the Winners’ Circle Challenge received a cash prize, kindle, leather jackets, recognition patches on team member racing crew uniforms, individual trophies, and a travelling trophy to be displayed in the winning team’s location for one year. The Second Place winners received a cash prize and individual trophies. The checks and trophies were presented to the winners at the conclusion of the event, and a dinner was held that evening to recognize their accomplishments.
“Grease Monkey’s mission is to provide a less hassle, more hustle experience for our customers. We are very proud of all of our Certified Pit Crews for the work they have done to accomplish this mission,” Ralph added.
In the Western Region, Front Range area the National Champions achievement went to
Grease Monkey #687 in Parker, Colorado. The center is owned by Ron Morrow, with his pit crew technicians Jeff Christensen, James Davis, Ben Koehnen and Austin Yehl. The winner of the Rocky Mountain Area Champion was Grease Monkey #733 in Centennial, Colorado, owned by Jon Piper with pit crew technicians CJ Martinez, Anthony Martinez, Eric Maher, and Reyes Montano. In the Eastern Region, Midwest the Regional Champions status went to Grease Monkey #431 in Salisbury, MD. The center is owned by James Martin with his pit crew technicians Bryan Avery, Tyler Hasenei, Dylan Timmons and Jourdan Bump.
Grease Monkey® Franchisee Of The Year - Jim Cook
Greenwood Village, Colo., September 29, 2015 – As the owner of Center #200 in Mt. Prospect, IL, #201 in Mundelein, IL and #202 in Waukegan, IL, Jim remains a well-respected leader in the LubePro’s group. His characteristics and great attitude are true assets to Grease Monkey® and were happy to have him as a part of our organization.
Jim is a member of the IFAC, and continues to seek ways to improve our industry. He has completed the conversion of three LubePro’s, investing a great deal of time and money to join the Grease Monkey® Team.
Jim is a huge influence with other LubePro’s franchisees, assisting with the rebranding effort in Chicago. Jim’s centers are Pit Crew Certified and his managers have all attended the Grease Monkey® Advanced Managers Course.
Jim’s centers continue to be actively involved in the Grease Monkey University, in efforts to keep his technicians current with certification and up-dated training.
Grease Monkey International Supports K9s For Warriors In Summer Of 2015
Greenwood Village, Colo., June 19, 2015 – Grease Monkey International, Inc. is supporting K9s For Warriors during 3rd Quarter of 2015. Participating Grease Monkey® centers will be contributing and collecting donations throughout July, August, and September. In 2014 Grease Monkey collected over $75,000 for the organization.
K9s For Warriors is dedicated to providing service canines to warriors suffering from Post-traumatic Stress Disability, traumatic brain injury and/or military sexual trauma as a result of military service post 9/11. Our goal is to empower them to return to civilian life with dignity and independence.
“K9s For Warriors is grateful to Grease Monkey for their incredible support to our Nation’s Heroes that need our help so badly,” said Shari Duval, K9s For Warriors Founder and President.
Autotex Windshield Wipers is also participating by providing a donation based on the sales of all wiper blades during the summer months. A new camouflage wiper blade design will be available to help honor military veterans and raise awareness for K9s For Warriors.
"Autotex is always looking for new opportunities to give back to our communities. We are very proud to be partnered with Grease Monkey to raise awareness and funds for K9 For Warriors. Our joint efforts are sure to make a big impact on many lives," said Arthur Leardi, WEXCO Industries National Sales Manager.
“The K9s For Warriors organization offers a unique approach to helping our country’s military veterans when they return to civilian life,” says John B. Adams, President & CEO of Grease Monkey International. “We have heard first-hand from program participants about the positive effects that the trained service dogs have on the lives of these heroes and their families, and we are proud to support this outstanding program.”
For more information on the fundraiser or to make a donation please contact your local Grease Monkey® center or visit www.greasemonkeyintl.com/K9sForWarriors.
Grease Monkey International Selects Solid Start, Inc. / True Brand As 2015 Vendor Of The Year
Greenwood Village, Colo., May 28, 2015 – Grease Monkey International, Inc. is pleased to announce that Solid Start, Inc. / True Brand has been selected as its 2015 Vendor of the Year.
Solid Start, Inc. / True Brand is a supplier of automotive preventative maintenance products to the quick–change oil and automotive service industries with manufacturing and distribution locations throughout North America. The award was presented to Solid Start at the 2015 Grease Monkey International Conference, which was held in Cancun, Mexico, April 18-22.
“Solid Start provides a great product and their service and training is second to none,” said Rick Juarez, Grease Monkey International Purchasing Director. “They are a great business partner for Grease Monkey!”
Solid Start, Inc. / True Brand officially opened on April 1, 2010 and is based out of Lakeland, FL, manufacturing a full line of Preventative Maintenance Products for the Automotive Service Industry. Marketing under the True Brand name, Solid Start provides a full line of Fuel, Engine and Oil System Cleaners along with Induction Service, Headlight Restoration, AC Treatment, Power Steering, and Transmission Performance Products.
“We love working with Grease Monkey,” said Crystal Mathews, Solid Start Vice President. “Wining Vendor of the Year was most definitely a surprise but most of all, an honor. We have been taught ‘if better is possible, good is not enough’ and when working with Grease Monkey, you can see how they implement these qualities throughout their organization.”
The Solid Start family built strong business programs, invested in people, and manufactured quality products on a solid foundation of trust, confidence, value, and stability. Solid Start and True Brand products represents automotive integrity today, for tomorrow’s automotive service requirements.
“I was blown away, surprised, and definitely never expected this coming. For our company to win the Vendor of the Year award meant more to me and my family than I can express,” said Amber Kossak, Solid Start President / CEO. “We are extremely honored and will hold this dear to our hearts. We appreciate each and every Grease Monkey associate and hope to express this in our words and actions. Thank you.”
Grease Monkey® Senior Vice President Earns Franchise Executive Certification
Greenwood Village, Colo., March 4, 2015 – Grease Monkey International, Inc. is pleased to announce that it’s Senior Vice President of Operations and Business Development, Ralph Yarusso, has been recognized as a Certified Franchise Executive by the Institute of Certified Franchise Executives.
Mr. Yarusso completed a comprehensive course of study in franchise management offered by the institute, which is the academic branch of the International Franchise Association’s Educational Foundation. IFA is the world’s oldest and largest organization representing franchising worldwide and honored this year’s designees during its annual convention in Las Vegas, NV.
This recognition is one of many Mr. Yarusso has earned over the past several decades. His desire to be a leader began as a former Air Force Air Crew Member on the C141 with over 3000+ hours of flight time experience. As a multi-unit Meineke Franchisee he was named IFA and Meineke Franchisee of the Year. He was also first in his region to attain the “million dollar center” sales mark, Franchisee Forum Member/Director for the IFA, Chairman of the Meineke National Council / FAC and twice voted as President of the Meineke Dealers Association, to name only a few. Mr. Yarusso also was a member of the Driven Brands Sr. Executive team as RVP/COO prior to joining Grease Monkey International. Attaining his CFE is a clear example of Mr. Yarusso’s continued dedication and belief in franchising both as a Franchisee and now Franchisor.
Nearly 1,800 franchise executives are currently enrolled or have received certification. More than 300 IFA-member companies currently have one or more executives enrolled in the program that provides benefits such as specialized knowledge, industry recognition, peer-level networking and professional standing.
Candidates are required to complete a rigorous course of study to earn the CFE designation, which includes attending institute-sponsored educational seminars and workshops. The program enhances franchising professionals’ understanding of both the industry’s fundamental and complex aspects.
For more about the CFE program, visit Franchise.org or contact IFA Media Relations on 202-628-8000.
Grease Monkey International Recognizes Top Performing Technicians In Second Annual National Pit Cew Challenge
Greenwood Village, Colo., November 13, 2014 – Grease Monkey International, Inc. conducted its 2nd Annual National Pit Crew Challenge on Sunday, Oct. 12 at Grease Monkey® Center #649 in Castle Rock, Colo.
The challenge is part of the Certified Pit Crew Program that Grease Monkey International developed to recognize the organization’s top performing technicians. In order for a Grease Monkey® location to become a Certified Pit Crew, the location must meet a strict set of criteria including top scores on the technician required certification courses and competitive time trials on the Full Service Oil Change. Locations that become certified are eligible to participate in the annual Winners’ Circle Challenge, which consists of Area, Regional and National competitions.
The National Champions, Pit Crew #739 from Fairmont, West Virginia completed their Full Service Oil Change with the fastest time. The crew received a cash prize, leather jackets, recognition patches on team member racing crew uniforms, individual trophies, and a travelling trophy to be displayed in the winning team’s location for one year. The center is owned by franchisee Gary Kelley.
Pit Crew #687, owned by Ron Morrow, were the returning champions from Parker, Colorado. The crew finished in second place this year and received a cash prize and individual trophies.
The checks and trophies were presented to the winners at the conclusion of the event. The winning team from Fairmont was escorted by limousine to a championship party after the competition. Championship highlights video can be found on YouTube.
Front Range Grease Monkey® Locations Donate To National Breast Cancer Foundation
Greenwood Village, Colo., December 23, 2013 – Grease Monkey™ locations across the Denver Metro area will donate over $5,000 to the National Breast Cancer Foundation this month. During the month of October, 57 locations along the Front Range sold windshield wiper blades, some of which included a pink breast cancer awareness ribbon logo. During that month, Grease Monkey® centers collected $1 for each wiper blade sold.
Grease Monkey International has been a supporter of the National Breast Cancer Foundation for 1 year, and plans to continue its support of the organization next year.
Grease Monkey International Recognizes Outstanding Franchisees At Annual Conference
Greenwood Village, Colo., October 28, 2013 – Grease Monkey International, Inc. announced top franchisee award winners for outstanding performance in the prior year at its 2013 Annual Conference held in Oak Brook, Illinois in October. The winners were recognized in front of their peers for outstanding performance in center marketing and operations.
Franchisees who achieved the highest levels of sales performance in 2012 include Steve and Elaine Cloward in Centerville, Utah; Bill Dalton in Montgomery, Texas; Victor Hinojosa in Monterrey, Mexico; and Wayne and Angie Glasser, Steve and Beth Barrett, Michael and Cassandra Glasser, Kate Stenstrom and Mark Stenstrom from OILEX, Inc., with their centers in Denver, Colorado and Pueblo, Colorado.
The Pursuit of Excellence Award was presented to Enrique Carriedo and Carlos Carriedo from Merida, Yucatan, Mexico, in recognition of leadership, community involvement, outstanding customer service and an overall commitment to excellence.
The President’s Award was presented to Victor Hinojosa, from Monterrey, Nuevo Leon, Mexico, in recognition of excellence in marketing, operations an overall commitment to the Grease Monkey® System.
Grease Monkey International President & CEO John B. Adams expressed his appreciation for the outstanding performance of these center owners and operators, and their proven dedication to a superior service experience for their customers.
Grease Monkey International Acquires 30-Store LubePro's Chain
Greenwood Village, Colo., September 3, 2013 – Colorado-based Grease Monkey International, Inc. (GMI) announced today that through its affiliates, it acquired the assets and franchise contracts of LubePro’s International, Inc., a 30-store chain of fast lubrication and automotive maintenance centers located in Illinois, Minnesota, Tennessee and Wisconsin. Of the 30 stores, 16 will be converted to the Grease Monkey® brand and operated by an affiliate of GMI. The franchise owners at the remaining 14 LubePro’s™ locations have been offered the opportunity to convert to Grease Monkey™ branded centers. GMI expects to complete the rebranding of the centers converting to the Grease Monkey® brand by mid-November.
“The purchase of the successful LubePro’s™ chain is an exciting opportunity for Grease Monkey International to build the presence of the Grease Monkey® brand in the Midwestern part of the United States,” says John B. Adams, Grease Monkey International, Inc. President & CEO. “Our plan is to take what are already strong locations, remodel the facilities, add additional vehicle maintenance services, and enhance the customer experience by delivering on the Grease Monkey® promise of ‘less hassle, more hustle’.”
Grease Monkey International, Inc. Sr. VP of Operations & Business Development Ralph Yarusso commented that the addition of the LubePro’s™ locations is the most recent example of Grease Monkey International’s current growth strategy which it expects to be more aggressive going forward. “This demonstrates our planned growth both organically and through acquisition,” says Yarusso.
“LubePro’s International, Inc. was founded in 1978, the same year Grease Monkey International, Inc. began its operations,” says Ray Keating, LubePro’s International, Inc. President. “We look forward to joining the Grease Monkey® family and to serving our customers for many years to come.”
Grease Monkey® Franchisees Featured in National Oil & Lube News For Green Initiative
Greenwood Village, Colo., April, 2012 – The National Oil & Lube News recently featured Grease Monkey® franchisees Roger Bouchard and Champe Granger for their impressive “going green” efforts. Celebrating one year of being green, Bouchard and Granger began the green initiatives as a way to give back to their community and provide customers with environmentally-conscious options to maintain their vehicles. View the entire article in the National Oil & Lube News here.