Dobbs Tire & Auto Centers Expands into Texas Market with Acquisition of Automotive Super Center
Oct 10, 2024•10 months ago
Acquiring Company
Dobbs Tire & Auto Centers
Acquired Company
Automotive Super Center (ASC)
Description
Dobbs Tire & Auto Centers strategically expands into the Texas market with its acquisition of Automotive Super Center (ASC). This marks Dobbs’ first acquisition under its buy-and-build strategy, advancing the company's growth vision within the highly fragmented tire and automotive service industry. The acquisition brings Dobbs' total store count to 50 across Missouri, Illinois, and Texas, employing more than 700 associates.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed