Les Schwab Tire Centers Inc. has purchased Four States Tire and Service, a four-store operation with stores in Colorado and New Mexico.
FOCUS Investment Banking announced the sale.
“It has been a privilege to work with Four States Tire and Service, a company with a long history of providing exceptional service to its customers,” said Giorgio Andonian, managing director at FOCUS Investment Banking. “This acquisition underscores Les Schwab’s commitment to expanding its footprint while maintaining the high standards that both organizations are known for. We are proud to have facilitated this partnership, which creates value for all stakeholders involved.”
Andonian continued: “This partnership is a testament to the shared values and vision of Les Schwab and Four States Tire and Service. Both companies prioritize customer satisfaction, community involvement, and employee opportunity, which will ensure a seamless integration and continued success.”
Four States Tire and Service’s leadership expressed enthusiasm about the transition. “We are thrilled to join the Les Schwab family,” said Robby Wright of Four States Tire and Service. “Their reputation for quality, integrity, and a customer-first approach aligns perfectly with our own values. We’re excited to see our legacy continue to grow under their stewardship.”
Four States Tire and Service offers both tires and automotive service, and features the Goodyear Tire & Rubber Co. portfolio of products in its inventory.
For Les Schwab, this marks the latest in the company's ongoing expansion, which in recent years has included acquisitions, as well as greenfield construction. Earlier this year Les Schwab acquired CMC Tire, adding 11 locations in Nevada, Utah and Colorado.
Les Schwab, the fourth-largest independent tire dealership in the U.S., according to the MTD 100, is also on the market itself. Reuters reported in August that owner Meritage Group LP was "exploring options" to sell Les Schwab.
