LWG Acquires Midas in Kearney, Nebraska
Announcement for Release on: March 6th, 2020
GREENWOOD VILLAGE, CO – -Leeds West Groups (LWG) is proud to announce the acquisition of its newest Midas automotive aftermarket repair location and retail store in Kearney, NE, and will assume operations effective on April 1st, 2020. LWG will be acquiring the business and real estate in this transaction.
This is LWG’s 5th location in the State of Nebraska. The location will be under the district management of Bob King based out of the Omaha Midas region in the ASE Division, and its Chief Operating Officer Alan Mahrt and LWG’s umbrella Chief Operating Officer Derek Wessels.
“I am excited to see LWG adding another location into the ASE team. This will be the 43rd location in the ASE Division and I am happy to see the ASE family continue to grow.” – CEO Judd Kyle Shader
The location will offer the full brand of Midas services. The financial terms of the deal are not being disclosed.
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 100+ automotive retail locations, operating in 16 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.