LWG Acquires Midas Location in Oklahoma City, Oklahoma
Announcement for Release on: August 31st, 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 Oklahoma City, OK, and will assume operations effective on August 31st, 2020.
This is LWG’s 5th location in the State of Oklahoma. The location will be under the District Management of Steve Cascio based out of the Tulsa Midas region in the ASE Division, and under ASE Chief Operating Officer Alan Mahrt inside of the LWG automotive franchise aftermarket repair umbrella under Chief Operating Officer Derek Wessels.
With the addition of this location, this increases LWG’s Midas store holdings to 79 locations in the Midas brand specifically, with 105 locations nationwide, and now over 1000+ team members collectively across all three franchise units in LWG’s aftermarket repair automotive division.
“Scott & Donald Tilley have served the Oklahoma City area for many years and have done a great job representing the Midas brand. We are extremely excited to take over in their footsteps and continue to serve the customers in this great OKC community.”
– Alan Mahrt, ASE Division Chief Operating Officer
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 by CEO Judd Shader 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 career finance and wall street executive Joshua Weinreich and currently employs over 1000+ team-members with 105 automotive retail locations, operating in 18 states across the Continental United States.