Icahn Automotive Group in Southfield Monday completed its acquisition of RPM Automotive, expanding its presence in the southeastern U.S. Icahn owns and operates auto repair and maintenance providers Pep Boys, AAMCO, and Precision Tune Auto Care.
Headquartered in Florida, RPM offers work on all vehicle makes and models, including luxury vehicles and large fleets. It has 10 locations and more than 100 service bays.
“We are pleased to welcome RPM Automotive to the Icahn Automotive family of brands,” says Dan Ninivaggi, CEO of Icahn. “Their outstanding leadership and expert technicians will continue to provide the leading service and customer experience they’ve come to be known for, while joining our 2,000 locations and 22,000 technicians in a nearly 100-year tradition of keeping customers’ vehicles on the road.”
RPM Automotive will retain its name, leadership, and ASE-certified technicians. It offers state-of-the-art technology, comfortable waiting areas, and rental cars.
“For the last decade, RPM Automotive has focused on building and growing a business our customers trust by hiring and training the very best technicians in the area and giving back to our local community,” says Colley Stowell, president and founder of RPM Automotive.
“Joining Icahn Automotive is a significant next step for RPM Automotive. We’ll continue to operate seamlessly our shops while beginning to leverage the resources and opportunities that come with joining a large-scale service organization.”
The acquisition is the latest in Icahn’s multi-year strategy to expand its national service network. It offers quick-service maintenance and full-service repair, and has expanded to new and different service models including mobile repair and professional tire installation services to online customers.