Take 5 Oil Change announces acquisition of Fast Track Oil Change Centers
Transaction expands the company’s quick lube and automotive service presence across the U.S. and Wisconsin
Take 5 Oil Change™ (Take 5), one of the largest quick lube and automotive service operators in the nation, announced its acquisition of Fast Track Oil Change Centers, a chain of quick lube and automotive service centers with 27 total locations in the Green Bay and Milwaukee markets.
Take 5 specializes in fast, friendly and simple drive-thru oil change services. It has achieved significant growth since being acquired by Driven Brands, the nation’s leading automotive franchisor, in 2016. This acquisition expands Take 5’s total footprint to 483 locations across the U.S. and Canada and expands its Wisconsin presence from 13 to 40 total stores in the state.
“We are proud of the brand that we built and proud to have served customers across the state of Wisconsin,” said Mike Palmisano, owner of Fast Track Oil Change Centers. “We’re excited to work alongside Take 5 to build upon this legacy by pursuing their mission of being fast and customer-centric.”
As part of their planned changes, Take 5 is immediately implementing a 25 percent off oil change discount for all active-duty military service members and veterans. To receive the discount, customers must simply present an accepted form of military ID.
“Honoring those who serve, and their families, has always been a core value of Take 5 Oil Change,” said John Teddy, Chief Commercial Officer of Driven Brands. “We live these values not only by providing this unique discount to military customers but by employing many military men and women. The addition of this discount is just one of many changes our customers can expect as we invest back into these stores, the local community, and most importantly, our customers.”