St. Louis-based Telle Tire, founded in 1942, had operated as a single store for 69 years before expanding to 28 locations across Missouri
St. Louis—Next Horizon Capital announced on Wednesday an investment in Telle Tire & Auto Centers, a tire retailer and automotive service company with a strong presence in the Midwest. Financial terms of the private investment were not disclosed.
Telle Tire, founded in 1942 and based in St. Louis, provides a full range of automotive services specializing in maintenance, preventive, and diagnostic repairs for all types of vehicles including cars, light trucks, SUVs, hybrids, and EVs.
Operating as a single-store location for 69 years, fourth-generation President and CEO Aaron Telle has grown Telle Tire to 28 locations across Missouri, employing more than 275 associates and serving customers in St. Louis, Kansas City, Springfield, and Jefferson City.
“We’ve been impressed by Telle Tire for quite some time,” said Mathew Lori, Founder and Managing Partner at Next Horizon. “Telle Tire’s passion and commitment to their customers and employees, combined with their innovative mindset and operating procedures, are the perfect building blocks for creating a next-generation tire and auto services repair platform. We’re excited to partner with Aaron Telle and the Telle Tire Management Team to realize that vision.”
“We are thrilled to partner with Next Horizon. Their appreciation for our culture, approach to customer service, and joint experiences in the tire industry will help position Telle Tire for further growth and expansion,” added Telle Tire CEO Aaron Telle. “We have a great team of dedicated associates who have helped grow Telle Tire into the business it is today. We look forward to the next chapter of Telle Tire utilizing Next Horizon’s deep industry expertise, resources, and operational excellence to build upon our great brand and exceptional customer service. We remain dedicated to being a top employer with a steadfast focus on customer service and serving our communities.”
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