Next Horizon Capital (“Next Horizon”), a growth-oriented capital partner to middle market companies, announced today an investment in Telle Tire & Auto Centers (“Telle Tire”), a well-established, fast-growing tire retailer and automotive service company with a strong presence in the Midwestern United States. Financial terms of the private investment were not disclosed.

St. Louis, MO-based Telle Tire, founded in 1942, provides a full range of automotive services specializing in top-tier 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 & 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,” noted 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.”

Kirkland & Ellis served as legal counsel and RSM as accounting advisor to Next Horizon Capital. Spencer Fane served as legal counsel, and UHY LLP as accounting advisor to Telle Tire & Auto Centers.

ABOUT TELLE TIRE & AUTO CENTERS

Telle Tire and Auto Centers (“Telle Tire”) (www.telletire.com), headquartered in St. Louis, Missouri, is a family-founded and run tire retailer and auto-aftermarket service provider with 28 stores across Missouri. For over 82 years, Telle Tire has focused on what matters most: its customers. As a family-led business, Telle Tire has always put families first, keeping them on the move since 1942. With a loyal customer base, committed employees, an innovative mindset, and a focus on operational excellence, Telle Tire has become a market-recognized tire & auto service company in the Midwest. Learn more at www.telletire.com.

ABOUT NEXT HORIZON CAPITAL

Based in San Francisco, Next Horizon Capital is a middle-market, growth-oriented private equity firm that focuses on investing in Business Services, Technology, and Information Services companies. Next Horizon partners with entrepreneurs and leadership teams to enable business transformation and help companies reach their next horizon. To learn more, visit www.nexthorizoncap.com.

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