Pep Boys — Manny, Moe & Jack is adding 134 locations with the purchase of Just Brakes Total Car Care. The acquisition gives Pep Boys more than 900 locations in the U.S.
The purchase comes after the two auto service companies announced a partnership in November. At that time Pep Boys signed on as a tire supplier for Just Brakes, which got into the tire business in June 2016.
Financial details of the deal were not disclosed.
"We are thrilled to celebrate this major milestone in the growth of our combined organization," says Pep Boys CEO and President 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 has been in business for 36 years, and has 134 locations in eight states, including 14 major metro markets.
"We welcome Just Brakes' talented and dedicated team of more than 500 automotive experts to the family, and we are pleased to announce Bill Ihnken, former CEO of Just Brakes, as our president of service," Windom says.
"We look forward to working together to leverage the combined strengths of our companies, including our joint focus on taking care of customers, as we 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."
"This is an exciting announcement for the Just Brakes team," says Ihnken. "Being part of Pep Boys means we have the resources required to truly achieve our goal of providing total car care as we transition to the Pep Boys format. This conversion will afford growth opportunities to our employees and help our stores thrive while keeping our focus on providing customers the best experience and value."
Windom says Pep Boys' national growth strategy "has gained significant momentum" with the Just Brakes acquisition.
"In the coming year, we look forward to continuing to increase our network of stores and service bays across the country as we execute our vision to be the 'first choice, expert service' provider for our family of customers at every level of the automotive aftermarket."