Five area auto service stores have been purchased by a New York-based corporation that has auto repair shops throughout much of the U.S.
Monro has acquired QC Auto Service and Muscatine Tire & Auto Center stores in the Quad Cities region.
The area business deals were announced this week, and are part of a five-store deal closed on Feb. 19. The deal includes two QC Auto Service stores in Bettendorf, and one each in Davenport and Moline; as well as Muscatine Tire & Auto Center in Muscatine. The five stores will be dual branded, adding Car-X Tire & Auto to their current identity. Approximately 30 associates will join Monro through the acquisition, maintaining the stores’ strong community relationships.
“We are thrilled to add QC Auto Service and Muscatine Tire & Auto Center to the Car-X brand,” said Mike Broderick, Monro president and CEO. “They have provided great service to their communities for more than 40 years, and we will continue that commitment. We welcome their associates to the Monro team and look forward to serving their guests. The acquisition strengthens our current Car-X Tire & Auto presence in the Quad Cities and the surrounding area.”
“It wasn’t an easy decision for our family to sell our business, but it was the right time,” said Dan Elias, owner and manager. “We knew that we could trust Monro to continue serving our valued customers and our employees.”
The purchase increases Monro’s service locations to 1,303 company-owned stores across the United States, affirming the company’s position as the second largest tire and automotive service company in the United States.
Headquartered in Rochester, New York, where company founder, Chuck August, opened his first store in 1957. Monro has grown to more than 1,300 auto repair shops and tire dealers in 32 states from coast to coast.
