Telle Tire & Auto Centers Partners with Next Horizon for Growth

Telle Tire & Auto Centers Welcomes Strategic Investment

Recently, Telle Tire & Auto Centers announced an exciting partnership with Next Horizon Capital, a growth-focused investor known for empowering middle-market companies. This investment aims to propel Telle Tire, a well-respected tire retailer and automotive service provider, into its next phase of growth.

A Legacy of Service and Expansion

Founded in 1942, Telle Tire has a rich history, originating as a single-store operation. Over the decades, it has evolved significantly, now boasting 28 locations employing over 275 dedicated associates. Their devotion to providing high-quality automotive services, including top-tier maintenance and repair for all vehicle types, has solidified their reputation in the industry.

Commitment to Innovation and Customer Service

Aaron Telle, the fourth-generation President & CEO, highlights that the company thrives on a customer-first philosophy. With an expanding footprint in Missouri, Telle Tire serves diverse cities including St. Louis and Kansas City. The commitment to creating a culture that values both employees and customers is central to their operations.

Next Horizon's Vision for Growth

Mathew Lori, the Founder and Managing Partner at Next Horizon, expressed excitement about collaborating with Telle Tire. He emphasized their admiration for the company's dedication to its customers and employees alike. The partnership aims to leverage innovative practices and operational excellence to position Telle Tire as a leader in the tire and auto service industry.

The Power of Partnership

Telle Tire CEO Aaron Telle anticipates that Next Horizon's industry expertise and resources will enhance their growth trajectory. This collaboration not only strengthens Telle Tire’s market position but also their sustained commitment to outstanding customer service and being a top employer in the region.

Strategic Advisors and Legal Support

The transaction saw legal counsel from Kirkland & Ellis, alongside accounting support from RSM for Next Horizon. For Telle Tire, legal services were provided by Spencer Fane and UHY LLP acted as their accounting advisor.

About Telle Tire & Auto Centers

Telle Tire has carved out a niche within the automotive service sector. With over 82 years of service, its family-oriented business model has placed customer needs at the forefront. Telle Tire emphasizes innovation and operational excellence, becoming a recognized name in tire and auto service across the Midwest.

About Next Horizon Capital

Next Horizon Capital operates with a strategic focus on assessing investments within various sectors including Business Services and Technology. The firm partners with entrepreneurs and management teams to enable transformative advancements, seeking to help companies realize their full potential.

Frequently Asked Questions

What is the purpose of Next Horizon Capital’s investment in Telle Tire?

The investment aims to help Telle Tire expand its operations and enhance its service offerings while maintaining a strong focus on customer satisfaction.

How long has Telle Tire been in business?

Telle Tire was founded in 1942, marking over 82 years of service in the automotive industry.

What types of services does Telle Tire provide?

Telle Tire specializes in a broad range of automotive services including maintenance, preventive care, and diagnostic repairs for various vehicle types.

Who leads Telle Tire & Auto Centers?

Aaron Telle serves as the President and CEO, continuing the family legacy in the automotive service industry.

What kind of companies does Next Horizon Capital invest in?

Next Horizon Capital focuses on middle-market companies primarily within the Business Services, Technology, and Information Services sectors.

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.