LWG Expands Big O Tires Holdings Into The Oklahoma Market with Purchase of MFA Oil Oklahoma Locations
Announcement for Release on: February 1st, 2021 GREENWOOD VILLAGE, CO – Leeds West Groups (LWG) is proud to announce the acquisition of three Big O Tires locations in Mustang, OK, Norman, OK, and Enid, OK from MFA Oil. LWG will additionally be acquiring the real estate from MFA at the Norman, OK location. MFA is a co-op based out of Columbia, Missouri and is the second largest owner of Big O Tires locations nationally behind LWG. MFA has been operating these locations as a franchisee of Big O Tires since 2015. LWG will assume operations and ownership effective February 1st, 2021.
This acquisition now marks the 6th State that LWG’s Big O Tires Division operates in, 18th State across all 3 brands nationally, and 22nd store addition specifically within the Big O Tires brand in the last 20 months by LWG.
“Expanding the Big O Tires brand into our 6th state and creating synergy with our existing Midas presence within the Oklahoma market is incredibly exciting for LWG. This acquisition allows us to continue to create consolidation and more opportunities within the Big O Tires brand specifically across the United States.”
– Judd Kyle Shader, CEO/Board of Directors Member
LWG is the largest franchisee operator of the Big O Tires brand nationally with 31 stores across 6 States. LWG now operates a total of 113 locations collectively under all 3 brands across 18 States with 1000+ team members. The purchase price and deal terms are not being disclosed at this time.
About Leeds West Groups
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 1000+ team members with 113 automotive retail locations, operating in 18 states across the continental United States.