PHILADELPHIA--(BUSINESS WIRE)--Icahn Automotive Group LLC, a wholly-owned subsidiary of Icahn Enterprises L.P. (NASDAQ: IEP), announced that it has entered into a definitive agreement to acquire automotive service company Precision Auto Care, Inc., parent company of Precision Tune Auto Care.
Fast Facts about Precision Tune Auto Care’s parent company. Company Name Precision Auto Care, Inc. (PACI) Corporate Office 748 Miller Drive, SE, Suite G-1 Leesburg, VA 20175 800.GET.TUNE (800.438.8863) 703.777.9095 www.precisiontune.com. Description Precision Tune Auto Care is committed to providing high quality service to our customers at a. View Precision Tune Auto Care Inc (www.precisiontune.com) location in Virginia, United States, revenue, industry and description. Find related and similar companies as.
“The acquisition of Precision Auto Care, with more than 250 corporate-owned and franchised Precision Tune service locations in the United States, is the next step in building out our national automotive service network,” said Daniel A. Ninivaggi, CEO of Icahn Automotive Group LLC. “Coupled with our existing footprint of more than 1,000 corporate-owned locations, as well as our in-house automotive parts and tire distribution capabilities, we are uniquely positioned to provide high-quality parts, tires and services to our customers at the most competitive price.”
Precision Auto Care, in business for more than 40 years, has service locations in 26 states, with concentrations in Georgia, North Carolina and South Carolina.
Jul 28, 2017 Icahn Automotive Completes Acquisition of Precision Auto Care, Inc. Family more than 320 corporate-owned and franchised Precision Tune service locations. And Precision Tune Auto.
Precision Tune Auto Care is located at 748 Miller Dr SE, Leesburg, VA 20175. Precision Tune Auto Care can be contacted at +1-703-443-0210. Get ratings, reviews, hours, phone numbers, and directions.
June 6, 2019 I received a call from Darryl from Corporate office of Precision Auto Tune, he said. was the district manager and owner of the franchise store no. 056-05 at 2334 6th Ave SE.
“These full-service shops will continue to operate as Precision Tune locations and will be led by Robert Falconi, who will remain CEO of Precision Auto Care,” said Ninivaggi. “We are pleased to welcome a number of strong independent franchisees to our organization. I would like to thank the Precision Tune franchisees, particularly the Grimaud and Allbert families, for their support. We look forward to working with these business owners and Robert to grow the Precision brand.”
About Icahn Automotive Group LLC
Icahn Automotive Group LLC was formed by its parent, Icahn Enterprises L.P., to invest in and operate businesses involved in aftermarket parts distribution and service. Our businesses have a singular focus: provide premium automotive parts and services at a great value. The businesses of Icahn Automotive Group today consist of Pep Boys, an automotive aftermarket retail and service chain, and Auto Plus®, an automotive aftermarket parts distributor.
About Precision Auto Care, Inc.
Precision Auto Care, Inc.’s affiliate, Precision Franchising LLC, is one of the world’s leading franchisors of auto care centers, with 316 operating centers as of May 3, 2017. The Company franchises Precision Tune Auto Care centers around the world.
Caution Concerning Forward-Looking Statements
Precision Auto Tune Up
This release contains certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, many of which are beyond our ability to control or predict. Forward-looking statements may be identified by words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “seeks”, “estimates”, “will” or words of similar meaning. Forward-looking statements are not based on historical facts, but rather on current expectations and projections about future events, and are therefore subject to risks and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. We undertake no obligation to publicly update or review any forward-looking information, whether as a result of new information, future developments or otherwise.
PHILADELPHIA--(BUSINESS WIRE)--Icahn Automotive Group LLC, a wholly-owned subsidiary of Icahn Enterprises L.P. (NASDAQ: IEP), announced that it has completed the acquisition of automotive service company Precision Auto Care, Inc., parent company of Precision Tune Auto Care.
“We are extremely pleased to welcome to the Icahn Automotive family more than 320 corporate-owned and franchised Precision Tune service locations in the U.S. and internationally, along with Precision Auto Care CEO Robert Falconi and his leadership team,” said Daniel A. Ninivaggi, CEO of Icahn Automotive Group LLC.
Precision Auto-tune Okc
“This acquisition is a significant step in our strategy to expand our national automotive service network, and enhances our existing store footprint in support of our goal to provide customers with premium parts and services at a great value.”
About Icahn Automotive Group LLC
Precision Auto Tune Corporate Office
Icahn Automotive Group LLC was formed by its parent, Icahn Enterprises L.P. (NASDAQ: IEP), to invest in and operate businesses involved in aftermarket parts distribution and service. Our businesses have a singular focus: provide premium automotive parts and services at a great value. The businesses of Icahn Automotive Group today consist of Pep Boys, an automotive aftermarket retail and service chain, Auto Plus®, an automotive aftermarket parts distributor, and Precision Tune Auto Care, a network of automotive service centers.
Precision Tune Auto Care Corporate Number
About Precision Auto Care, Inc.
Precision Auto Care, Inc.’s affiliate, Precision Franchising LLC, is one of the world’s leading franchisors of auto care centers, with more than 320 operating centers as of May 3, 2017. The Company franchises Precision Tune Auto Care centers around the world.
Precision Tune Auto Care Corporate Office
Caution Concerning Forward-Looking Statements
Precision Tune Auto Care
This release contains certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, many of which are beyond our ability to control or predict. Forward-looking statements may be identified by words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “seeks”, “estimates”, “will” or words of similar meaning. Forward-looking statements are not based on historical facts, but rather on current expectations and projections about future events, and are therefore subject to risks and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. We undertake no obligation to publicly update or review any forward-looking information, whether as a result of new information, future developments or otherwise.