GPM expands westward with acquisition - Professional Carwashing & Detailing

GPM expands westward with acquisition

RICHMOND, Va. — The properties are located in Illinois, Iowa and Kentucky.

RICHMOND, Va. — GPM Investments LLC has acquired 42 convenience stores and one Subway location, according to CSPnet.com.

The properties are located in Illinois, Iowa and Kentucky, noted the article. GPM announced the deal in December.

The stores will operate under the Road Ranger name before transitioning to one of GPM’s brands: Fas Mart, Shore Stop, Scotchman Stores, Young’s, Li’l Cricket and BreadBox, stated the article.

Read also: International c-stores complete merger

The Road Ranger employees were hired for the stores, shared the article. “Bringing them into the GPM family was very important to our leadership team," said Mike Welsh, senior vice president of operations, in the article. “Expanding to this area of the country feels like going home for me, and it will be a real pleasure to bring these stores into the GPM portfolio."

Bill Reilly, senior vice president of marketing, added in the article the company will offer its loyalty programs and launch its fasCASHBACK fuel discount card at the locations.

GPM operates about 600 c-stores across 10 states, reported the article. With its planned additional acquisitions, the company will run more than 800 stores in 14 states.

Click here to read the entire article.

You May Also Like

Splash marks record year, positions for the future

LITTLE ROCK, Ark. — Splash has 15 locations scheduled for construction over the next two years, with a heavy focus on growth in the Northwest Arkansas market.

LITTLE ROCK, Ark. — Splash has completed a record year in 2022 and is positioning for continued growth in 2023, the company said in a recent press release. In the year just completed, a record 300 employees served a record 95,388 oil change customers and 798,328 carwash customers at a record 18 facilities.

Wash tunnels were constructed, acquired, installed or remodeled at Splash stores in Conway, Cabot, Maumelle, Fort Smith and Russellville; oil change stores were constructed and opened at Maumelle, Cabot and Chenal; and construction of the new West Little Rock (Chenal Blvd.) carwash facility will open in January.

Mark Tentis named a vendor director on ICA board of directors

NORTHVILLE, Mich. — He will serve a two-year term, which began on Jan. 1, 2023.

Latest ZIPS Car Wash Convos features Tar Heel fan favorite Alyssa Ustby

PLANO, Texas — Car Wash Convos gives fans a glimpse into the lives of these student-athletes during a ride through ZIPS Car Wash in their university town.

Dave Hail, former senior executive with Mister Car Wash, joins Amplify Car Wash Advisors

SCOTTSDALE, Ariz. — Firm also announces the launch of its new operational advisory vertical, Amplify Growth Partners.

Spotless Brands breaks new barriers, enters Ohio market in 2023

OAKBROOK TERRACE, Ill. — Three new locations in the Buckeye State will open in the first half of the year.

Other Posts

How a recession may impact the carwash industry

The mergers and acquisitions playbook is changing in the carwashing industry.

Mammoth Holdings raises equity capital to fuel growth

ATLANTA — The equity raise will ensure that Mammoth can accelerate new store openings, invest in cutting-edge technology and more.

WhiteWater Express Car Wash expands to 88 locations

HOUSTON — WhiteWater added four locations in December, expanding its footprint in the Southwest.

Driven Brands rings Nasdaq closing bell

CHARLOTTE, NC — The company honored its two-year Nasdaq listing anniversary and acknowledged dedicated employees and partners.