Meridian, ID., December 7, 2023 — Saranac Holdings with real estate development partner Alturas Capital Partners proudly announce the opening of the fourth location in the Treasure Valley of Take 5 Oil Change at 3158 W Quintale Dr., Meridian. The new franchise provides residents with a convenient option for fast and reliable automotive services. 

Franchise owner Rick Pierce expressed his enthusiasm, stating, “We are very excited to bring Take 5 Oil Change to Meridian. Take 5 is fast, friendly, and simple. Providing a 10-minute stay-in-the-car oil change with no appointments necessary. We know how busy everyone is, so we try to make things a bit easier for the everyday Idahoan.” 

This location follows the first location opened in Ontario, Oregon at the beginning of 2023 with additional locations in Garden City and Caldwell, Idaho. All four locations were developed by Alturas Capital Partners in partnership with Saranac Holdings.  

Pierce shared his excitement, stating, “We are thrilled to celebrate our 4th development project with Alturas Capital Partners. I cannot say enough good things about working with the team at Alturas. It’s been a terrific, collaborative partnership that has allowed us to grow quickly throughout the Treasure Valley.” 

Take 5 Oil Change – Beyond Convenience 

Pierce’s vision extends beyond providing convenient car services; it is about making Take 5 synonymous with ease, speed, and hassle-free automotive care in Boise. The newest location is another step towards becoming Boise’s preferred choice for quick and reliable oil changes. 
 
As Idaho continues to be a target location for new and growing companies, Take 5’s presence adds to the state’s business-friendly environment, fostering job creation and economic growth. The introduction of multiple Take 5 locations in the area aims to offer a flexible alternative in the automotive services industry, for the community and their workforce. Take 5’s commitment to employee development is evident through programs, which includes the Pit–to–Tech–to–President Program, enabling technicians to progress into leadership roles within the company.  

About Alturas Capital Partners 

Alturas Capital Partners is a real estate investment and operating company based in Boise, Idaho. Alturas Capital Partners owns and operates real estate throughout the Western United States, with an emphasis on the Intermountain West and Inland Northwest. The company is built on long-term partnerships with investors, brokers, and tenants, and its mission is to provide value to these partners. The company acquired its first property in 2015 and has grown significantly to approximately $600 million in assets under management. Alturas Capital Partners is currently seeking to acquire additional assets in the growth markets of the United States. Visit alturascapital.com for more information.