Olsen added, “TBC appreciated the opportunity to be the steward of the SpeeDee brand over the last four years and commend the franchisees for their commitment to the brand and operational excellence. Our franchise group has the opportunity to increase focus on Midas® and Big O Tires® as we continue to support our franchisees with these industry-leading brands.”
Grease Monkey’s President & CEO, John B. Adams, served the Big O Tires organization for more than 24 years; 12 of those years with Big O Tires as a wholly owned subsidiary of TBC .
“We’re excited about the SpeeDee brand,” recognized Adams. “The Grease Monkey team is eager to begin working with franchisees to leverage current relationships, further establish the brand in existing markets and expand horizons in areas yet to be explored.”
TBC Corporation (TBC), one of the nation’s largest marketers of automotive services and replacement tires, has sold SpeeDee Oil Change & Auto Service to Grease Monkey.