September 2025 · Les Schwab Tire Centers acquires Pete's Road Service (10 stores + retread plant + DC)

Les Schwab buys a commercial operator: stores, a retread plant, and a DC

By Clay Whitaker, Auto Shop Acquisitions

Fast facts

Buyer:: Les Schwab Tire Centers
Target:: Pete's Road Service (10 stores + retread plant + DC)
Date:: September 2025
Locations:: 10 stores + retread plant + DC (target)
Source:: Modern Tire Dealer

Les Schwab acquired Pete's Road Service (10 stores plus a retread plant and a distribution center) in Southern California, expanding beyond retail into commercial truck-tire service and supply infrastructure.

It's a reminder that acquisitions aren't only about storefronts: capabilities like retreading and distribution can be the real prize.

Why Pete's Road Service was a target

→A vertical play: the retread plant and DC add commercial truck-tire service capacity and supply infrastructure in a huge market.
→Ten stores extend Les Schwab's Western retail network in a single move.
→Commercial and fleet service is recurring, contracted revenue that complements the retail base.

What it means for owners

Buyers pay up for capabilities, not just locations. If your shop has something distinctive (commercial work, a fleet book, specialized services), that's a value lever most owners never think to document.

Would your shopmake a buyer's list?

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Reported facts via Modern Tire Dealer. Commentary is our own.