LWG Shores Up Connecticut Midas Locations with Real Estate Acquisition
Announcement for Release on: October 1st, 2019 GREENWOOD VILLAGE, CO – – Leeds West Groups (LWG) announces that they have shored up their Midas Connecticut locations for the long-term future. LWG has officially acquired the real-estate of three of its four Connecticut Midas automotive retail locations effective Monday, December 30th, 2019.
“We continue to work hard to make smart long term strategic investments into our portfolio and we feel that this real-estate acquisition is another one in that direction. We are very excited about our East Coast Midas presence as we continue each quarter to make investments into our Midas real-estate portfolio securing these automotive retail locations for the future. Connecticut is a great market for LWG and these three strategic sites in Norwalk, Danbury, and Fairfield are in perfect alignment with LWG overall complete automotive growth vision and strategy. – CEO Judd Kyle Shader
This capital investment into LWG automotive real estate marks the 11th real-estate transaction in the 5th unique State within the last twenty-four months that LWG has closed on.
Leeds West Groups (LWG) was founded in 2009 and is headquartered in Greenwood Village, CO. LWG is capitalized by Family Office funds that acquires, owns, and manages national automotive repair franchise brands (Midas, Big O Tires, and Speedee Oil) across the Continental United States including a national real-estate portfolio and outside high growth investment opportunities. LWG Board of Directors is Chaired by Joshua Weinreich and currently employs over 950 team-members with over 100 automotive retail locations, operating in 17 states across the Continental United States. For more information, contact LWG Senior Marketing Manager: Hanna Jerde at Hanna.Jerde@LeedsWest.com or (720) 473 – 6676.