ST. LOUIS & SAN FRANCISCO--(BUSINESS WIRE)—Next Horizon Capital (“Next Horizon”), a growth-oriented capital partner to middle market companies, is thrilled to announce the acquisition of Riechers Tire and Auto Services (“Riechers”) through its Telle Tire & Auto Centers ("Telle Tire") platform.   Riechers is a trusted tire retailer and automotive service provider with services to Washington, MO, New Haven, MO, Union, MO, and the surrounding areas.

The transaction marks Next Horizon's first add-on acquisition by Telle Tire since the firm acquired the platform in April 2024.   Riechers is an industry leader in auto repairs and tire services, serving the Washington, MO market since 1939.   "Adding Riechers to our family is a natural fit for Telle Tire," said Aaron Telle, CEO of Telle Tire and Auto Centers.   "It continues our strategic move into strong markets, leveraging a strong brand known for customer service and quality.   Working with Riechers' strong team of auto technicians and customer experts, we plan to provide support for continued innovation, quality, and growth."

Next Horizon Capital Founding Partner Mat Lori remarked, "Riechers offers an opportunity for Telle to acquire another premium brand in the tire and auto services market with strong, loyal customers.  We are excited to welcome the entire Riechers team to the Telle Tire platform."

ABOUT RIECHERS TIRE & AUTO SERVICES

Riechers Tire & Auto Services (“Riechers”) (www.riecherstire.com) provides tires and wheels, regular maintenance, and automotive repairs to Washington, MO, New Haven, MO, Union, MO, and the surrounding areas.   Since 1939, Riechers has been serving the Washington, MO market, becoming a customer-recognized market leader in both automotive repairs and tire services.   Learn more at www.riecherstire.com. 

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.

Contacts

For Next Horizon Capital

Nick Cafferillo

ncafferillo@nexthorizoncap.com