Sun Auto Tire to acquire Plaza Tire

“We are enthusiastic to obtain this sort of a significant top quality operator like Plaza,” Rob Stravitz, Sun Auto’s main marketing and advertising officer, informed Tire Organization.

“We consider they give us yet another 
ystem with solid operational and purchaser assistance oriented culture and processes that will assistance make the rest of our procedure greater.”

As aspect of the offer, Plaza Tire proprietors Mark and Scott Rhodes have “invested substantially” in Sun and, alongside with Mark Rhodes’ eldest son Sam, “will continue on to be active in the working day-to-day functions of Plaza Tire Services,” Sunlight Tire said, and will continue to work in their respective roles.

Mr. Stravitz said Mark and Scott Rhodes “will participate in sizeable day-to-day roles in Sunlight Car and Plaza specially likely ahead. Their determination to invest and stay engaged in the business demonstrates their like of the business and their perception that prospective clients for Sunshine Car are vibrant.”

Plaza Tire President Mark Rhodes stated the dealership didn’t actively go after a purchaser.

“But when Sunshine Vehicle achieved out and we noticed their strategies, the way they do business enterprise, the other acquisitions they designed, it turned clear that this could be a fantastic possibility for us,” Mark Rhodes mentioned. “We’re fired up to get began on this subsequent chapter in the historical past of Plaza Tire Support.”

Plaza Tire was started in 1963 as a auto clean by Vernon Rhodes, Mark and Scott Rhodes’ father. At 70 stores, Plaza Tire was rated as the 18th most significant impartial retail dealership in the U.S. this yr, according to Tire Business enterprise investigate.

Tony Puckett, chief govt officer of Sun Automobile Tire, welcomed the Rhodes relatives, “as they convey their greatest-in-course purchaser provider experience into the Sun Automobile Tire & Support loved ones.”

“Plaza Tire Assistance has formulated an fantastic popularity throughout their markets,” Mr. Puckett claimed. “This hugely strategic acquisition positions our organization to further more fortify the over-all store portfolio and will empower us to accelerate geographic development all over the midwestern location of the U.S.”

Plaza Tire opened a few suppliers in Arkansas this 12 months — in Bentonville, Jonesboro and Siloam Springs — and had disclosed designs to open up a fourth just before yr-finish. The most modern is in Jonesboro, its 2nd in that metropolis and eighth in Arkansas. 

Scott Rhodes, vice president of Plaza Tire Provider, claimed his spouse and children has been “growing this organization and making on our father’s legacy for many years. Our arrangement with Sun Automobile allows us proceed to increase the Plaza Tire Services model. From the perspective of our workforce and customers, it is organization as normal.”

This marks Solar Auto’s ninth acquisition this 12 months, totaling 116 locations. 

Prior to this Sunlight Car obtained El Paso, Texas-based Martin Tire Co., a tire and wheel distributor with 8 suppliers in Texas and New Mexico in early November.

Before this yr, Sunlight Car also acquired 16 retailers in the Pacific Northwest via three dealers — Greg’s Japanese Car and Jeff’s Auto Maintenance in the Seattle industry and Gaynors Automotive in Vancouver, Wash. — and purchased Hogan & Sons Tire & Auto Company in northern Virginia.

These most current acquisitions were carried out soon after Solar Auto founders Greenbriar Fairness Team Inc. offered the vast majority possession of the automotive aftermarket retail business enterprise to Leonard Eco-friendly & Associates, a Los Angeles-based mostly personal fairness group.

Mr. Stravitz said the Plaza Tire acquisition allows to guidance upcoming advancement for Sunshine Vehicle.

“Beside bringing strong operations and assistance tradition into our program,” he mentioned, “(the acquisition) also increases our ability to create crucial mass with suppliers, provides us abilities in distribution we really don’t have today, and delivers a lot more talent into the group to guidance foreseeable future progress.”