Les Schwab Tire Centers Inc. has acquired Pete's Road Service, which has 10 stores, a retread plant and a distribution center in southern California.
Founded in 1969 by Pete Fletcher, Pete's Road Service will continue to operate under its current name.
“Pete’s is one of the strongest and largest independent commercial tire dealers in southern California and this acquisition is a great opportunity for Les Schwab Tires,” says Les Schwab CEO Mike Broberg. “We’re excited to welcome Pete’s into our combined family of brands - including 12-store CMC Tire in Utah, Nevada and Colorado - and to benefit from the unique perspectives and capabilities of its 175 team members.”
Broberg added that Les Schwab, which is based in Bend, Ore., and Pete’s Road Service "are well aligned and operate under the same core values. We share a culture of excellent customer service and a commitment to supporting and creating opportunities for our employees.
"After 50 great years in business, the time was right for new ownership,” said Kyle Fletcher, president of Pete's Road Service “Les Schwab Tires has the resources, customer focus and expertise to foster our success for the next 50 years.”
No changes to staffing are planned at either company following the acquisition, according to Les Schwab officials.
Les Schwab has more than 500 locations throughout Oregon, Washington, Idaho, Montana, California, Nevada, Utah, Colorado, Wyoming, Alaska, Minnesota, South Dakota, North Dakota and New Mexico. It's one of the five biggest independent tire dealerships in the United States, according to the 2024 MTD 100.
