OK Tire Kitchener Location Acquired by OK Tire Guelph Ownership Team

We are pleased to announce the sale of the our client, OK Tire location in Kitchener, Ontario by the ownership team behind OK Tire Guelph. The transaction closed March 13, 2026.

The change of ownership represents continued growth within the OK Tire network, one of Canada’s largest independent, dealer-owned tire and automotive service networks, with more than 300 locations nationwide.

The Kitchener location has built a strong reputation for delivering reliable tire and automotive services to its local community. With this transition, the Guelph ownership team, known for its customer-focused approach and operational strength, will bring its experience to the Kitchener market, ensuring continuity for customers while supporting future growth.

OK Tire operates as a dealer-owned network of independently run locations, supported by national partnerships, training, and offering a broad range of automotive repair and maintenance solutions for both consumer and commercial vehicles. This model enables local owners to deliver consistent, high-quality service across its network while remaining deeply connected to the communities they serve.

Generational Group Executive Managing Director, M&A, Eastern Region – David Fergusson, and his team led by Senior Managing Director, M&A, Mike Hammer, with the support of Managing Director, M&A, Corey Painter successfully closed the deal. Senior Managing Director, Joe Van Voorhis and Senior M&A Advisor, Michael Lorence established the initial relationship with the seller.

“This is an exciting opportunity for our team to continue growing within the OK Tire network while staying true to what matters most, serving our customers with honesty, reliability, and care,” said Matt Lockwood, owner of OK Tire Guelph. “The Kitchener location has a strong reputation in the community, and we’re committed to building on that foundation while bringing the same level of service and experience our customers have come to expect.”

Ryan Binkley, CEO of Generational Group, stated, “This transaction reflects our conviction that strong alignment among stakeholders is fundamental to success. When all parties are working toward a shared vision, it creates a solid foundation for disciplined execution, sustainable growth, and long-term value creation.”