Acquisition expands Pep Boys’ store network
Pep Boys has added 130 stores to its portfolio.
The company has purchased Just Brakes, a privately held an automotive repair and maintenance chain, increasing the number of Pep Boys auto service locations to over 900 locations.
"We are thrilled to celebrate this major milestone in the growth of our combined organization," commented Pep Boys president and CEO Brent Windom. "Adding to our portfolio over 130 stores in strategic locations allows us to strengthen our presence in target markets, including Dallas and Atlanta, and demonstrates our steadfast commitment to growing our Service business."
Just Brakes, in business for 36 years, has 134 locations and operates in eight states and 14 major metro markets.
Pep Boys plans to convert all Just Brakes locations into Pep Boys Service & Tire Centers, offering a full range of services, such as oil changes, tire installations, brake repair and suspension work."