Connect with us

Service And Repair

FullSpeed Automotive Purchases Economy Oil Change

Economy Oil Change operates three Hartford, CT, area locations, including Glastonbury, Manchester and Vernon.

Advertisement

Automotive services franchisor and operator FullSpeed Automotive recently announced the purchase of Connecticut-based Economy Oil Change on Dec. 22, 2020. Established in 1984, Economy Oil Change operates three Hartford area locations, including Glastonbury, Manchester and Vernon.

Advertisement
Click Here to Read More
Advertisement

“We are very excited to add Economy Oil Change to our family of 600 plus automotive centers,” said Kevin Kormondy, CEO of FullSpeed. “Economy has an impressive operation and extremely loyal customer base. This purchase was an opportunity for us to demonstrate our commitment to growth in the northeastern United States and is an outstanding complement to our existing brands.”

FullSpeed Automotive was recently acquired by MidOcean Partners, a New York-based alternative asset management company.

“We are thrilled to have the Economy team become part of the FullSpeed  family,” stated Gerry Gallo, one of Economy’s original owners, and longtime general manager. “The additional resources and support the company brings will help to take the organization to even higher levels.”

Advertisement

POPULAR POSTS

Distribution

Auto-Wares TechExpo Goes Virtual

Financial

REE Automotive To List On Nasdaq Through Merger

Personnel

Dana Names New Senior Vice President Of Global Operations

Trends

Seven Trends Making Their Way Into The Aftermarket

Connect
aftermarketNews