RelaDyne Acquires New West Oil Company of Arizona
RelaDyne finishes the year strong by acquiring New West Oil Company, a prominent lubricant and commercial fuels distributor serving customers in Arizona and Southern Nevada.
New West Oil Company ("New West") was founded in 2011 by four industry veterans – Tim Genrich, Ron Reeves, Tom Turley, and Terry Cooney – with a mission to provide customers with exceptional service and quality products at fair prices and a belief that 'Relationships Matter.' By 2013, New West had expanded its services division (New West Environmental) to handle used oil, used coolant, used oil filter pickup, and vacuum services.
"New West Oil has prospered remarkably over the past 9 years and has grown to a company of over 100 employees. This is an incredible milestone for any business and is a testament to the outstanding team we have assembled," said Tim Genrich, CEO of New West Oil Company. "To have the ability to meet our growth goals, we decided to partner with RelaDyne who will provide us and our loyal customers with access to many more products and services that we could never have acquired alone."
New West marks the first acquisition for RelaDyne into the states of Arizona and Nevada.
About New West Oil Company
New West Oil Company was founded in 2011 and has grown to a company of over 100 employees, becoming one of Valvoline's largest distributors in the country.
About RelaDyne
RelaDyne is one of the nation's leading providers of lubricants, fuel, diesel exhaust fluid (DEF), and industrial reliability services.
About Flatirons Capital Advisors
Flatirons Capital Advisors, LLC (www.flatironscap.com) is a Mergers and Acquisitions advisory firm that helps privately held companies sell their businesses and acquire other businesses. Our unique business model affords sell-side advisory clients the ability to improve their company's performance, earnings, and effectiveness in the short-term, while simultaneously increasing their market value for a future sale. Flatirons has offices in Colorado, Florida, Illinois, and Texas.
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