Gills Point S Tire & Auto Service has acquired Peerless Tyre Co. dba Peerless Tires 4 Less, bringing its total store count to 121 locations.
Denver, Colo.-based Peerless Tires held 50 locations across Colorado, Kansas, Nebraska, New Mexico, South Dakota, Texas and Wyoming.
“This acquisition is a pivotal moment in our growth journey,” says Eric Gill, CEO of Gills Point S Tire & Auto Service. This 50-location deal represents the largest acquisition in the company's history.
“We are proud to not only expand our reach but to welcome the dedicated employees of Peerless Tire into the Gills Point S family. We look forward to continuing the legacy that Sam has built.”
Sam Forbes, the selling owner of Peerless Tire, has worked for the 75-year-old company since high school.
Peerless Tire held the No. 27 spot on the 2024 MTD 100 while Gills Point S held the No. 19 spot.
“The sale to Gills is going to give our 250 Peerless employees new opportunities,” says Forbes.
“More than anything, my hope is to give them the feeling that their lives are better. They are an amazing team, and now they get to bring their ideas to a new growing company.”
The Peerless Tires locations will be rebranded to the Gills Point S Tire & Auto Service name and will join the Point S Tire & Auto cooperative. Customers will be able to take advantage of Point S Promise + Warranties honored at all Point S Tire locations.
Gills Point S will continue to service any current warranties from Peerless.
Read more about the expansion plans of Gills Point S in this MTD story.