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You are here: Home1 / Mike Welch

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Tirescanner sales up 150% year-to-date

Company News, International News, Premium
TireScanner

The last time Tyres & Accessories interviewed online tyre entrepreneur, Mike Welch, his latest venture Tirescanner was making in-roads in the US tyre retail market. Such was the concept’s growth that Welch had been pitching the business to investors in a bid to move onto phase two of Tirescanner’s development. Roughly a year later, T&A asked how things are progressing:

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Related news:

  1. Tirescanner.com live in 42 US states, multi-million dollar funding close
  2. Blackcircles considers investment options
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  4. Tirescanner reports 400% sales growth in first quarter
2nd October 2020/by Chris

TireScanner appoints three ex-Blackcircles execs

Career Tracks, Company News, International News, UK News

In addition to reporting strong first quarter 2020 sales growth, Tirescanner reports that it has added more locations, and has added three new senior figures to its ranks. Graeme Bissett, previously chairman at TireScanner founder Mike Welch’s previous tyre business Blackcircles.com for 12 years, will advise the board on governance, finance and strategic matters.

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Related news:

  1. Tirescanner reports 400% sales growth in first quarter
  2. Blackcircles founder Welch nominated for TIA board of directors election
  3. Blackcircles.com entrepreneur launches online portal for US tyre retailers
  4. Tirescanner.com live in 42 US states, multi-million dollar funding close
15th May 2020/by Chris

Tirescanner reports 400% sales growth in first quarter

Company News, International News, UK News

Tirescanner, the US-based tyre e-commerce, has announced sales and customer growth of 400 per cent in the quarter covering January, February and March 2020. April and May have continued the same trend with the company predicting another record quarter.

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Related news:

  1. TireScanner appoints three ex-Blackcircles execs
  2. Blackcircles.com entrepreneur launches online portal for US tyre retailers
  3. Blackcircles founder Welch nominated for TIA board of directors election
  4. Tirescanner.com live in 42 US states, multi-million dollar funding close
15th May 2020/by Chris

Tirescanner.com live in 42 US states, multi-million dollar funding close

Company News, International News
Tirescanner map

Less than a year after Tirescanner.com was founded, at the start of November, the business reported that it is live in Florida. This means Tirescanner already covers 1200 postcodes codes, matching consumers with products from a range of hundreds of thousands of tyres and – crucially – connecting them with “the best local retailers”. At the moment this works on a next day install, but the plan is to take this to a same-day level. And more states are said to be coming fast. We’re used to pretty rapid progress when it comes to dotcom start-ups, but such fast growth is more understandable when you consider that Tirescanner is driven by Blackcircles.com founder Mike Welch. Tyres & Accessories recently caught up with Welch in order to find out how the company plans to continue and sustain this growth.

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  1. SimpleTire grew 1197% in three years
  2. Goodyear introduces “Roll by Goodyear” integrated tyre retail programme
  3. Tirescanner reports 400% sales growth in first quarter
  4. TireScanner appoints three ex-Blackcircles execs
7th November 2019/by Chris

Blackcircles founder Welch nominated for TIA board of directors election

Career Tracks, International News, UK News

The Tire Industry Association (TIA), which lobbies for tyre safety in the USA, has announced the nominations for the 2019 Board of Directors. Four individuals will be elected to serve on the TIA Board for a three-year term. The voting period will end on Sunday 1 September 2019.

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Related news:

  1. TireScanner appoints three ex-Blackcircles execs
  2. Tirescanner reports 400% sales growth in first quarter
  3. Blackcircles founder appointed strategic advisor at US online tyre retailer
  4. Tirescanner.com appoints VP sales
10th July 2019/by Chris

Tirescanner.com appoints VP sales

Career Tracks, International News

Tirescanner.com has appointed former Jack Williams director of marketing, Scott Friedman as VP of sales. The US online tyre sales portal’s president, and founder of Blackcircles.com in the UK, Mike Welch said: “I am delighted to be able to welcome Scott into the Tirescanner family. It is really important to me that we appoint the very best talent from the tyre industry.”

Read more

Related news:

  1. Blackcircles founder appointed strategic advisor at US online tyre retailer
  2. TireScanner appoints three ex-Blackcircles execs
  3. Tirescanner reports 400% sales growth in first quarter
  4. Blackcircles founder Welch nominated for TIA board of directors election
2nd May 2019/by Andrew

Blackcircles.com entrepreneur launches online portal for US tyre retailers

Company News, International News

Mike Welch, the founder of Blackcircles.com has founded Tirescanner.com, a new online portal designed for North American tyre retailers. Initially investing more than $1million in the venture, Welch claims it will be “North America’s first online portal for brick and mortar tyre retailers.” Welch sold UK “click and fit” tyre retailer, Blackcircles to Michelin three years ago, and will bring his online experience to the world’s largest tyre retail market in the US, where replacement tyre sales reached $39.6 billion in 2017. Earlier in 2018, Welch became strategic adviser and shareholder of Indian e-commerce venture Tyremarket.com, while he joined the board of US player Simpletire.com in 2017, prior to US distributor Dealer Tires, itself currently in the process of being acquired by Bain Capital, making an investment in the company this year.

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Related news:

  1. Tirescanner reports 400% sales growth in first quarter
  2. TireScanner appoints three ex-Blackcircles execs
  3. Tirescanner.com live in 42 US states, multi-million dollar funding close
  4. Goodyear starts direct online tyre retail in Europe
28th November 2018/by Andrew

Mike Welch launches new property investment fund

UK News

Full Circle Partners, the investment advisory firm co-founded by Blackcircles.com founder Mike Welch has launched a new property fund. FCP Property Development Fund will provide loans ranging from £250,000 to £2.5 million. It has reportedly already invested approximately £6 million and could raise that to £20 million in the next year or so.

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  1. Blackcircles.com achieves one of highest Net Promoter Scores of 2014
  2. Blackcircles on expansion, investment and going international
  3. Michelin to capitalise on Blackcircles.com, ATS Euromaster ‘synergies’
  4. Tirescanner reports 400% sales growth in first quarter
3rd January 2018/by Chris

SimpleTire.com – America’s 2nd largest tyre etailer in just 5 years

International News, Premium

Blackcircles.com CEO Mike Welch left the employment of the company he founded in August 2017. Since then he has joined the board of SimpleTire.com, a fast-growing, US-based online tyre business. Meanwhile he also remains a consultant to blackcircles.com. Tyres & Accessories recently caught up with the well-known tyre entrepreneur to find out more about his latest venture.

SimpleTire.com is the brainchild of brothers Andy and Josh Chalofsky. Andy has been in the tyre business since he was a teenager and started out in the warehouse of his family’s brick and mortar tyre business. From here he worked his way up and took over a subsidiary tyre business after graduating college. In 2012, he started building the foundations of what is now SimpleTire.

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  1. Michelin COO Florent Menegaux explains the thinking behind this year’s investments
  2. Apollo Tyres opens €475 million greenfield Hungarian plant
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  4. Tariff time again, but will they make a difference?
9th October 2017/by admin

Blackcircles founder appointed strategic advisor at US online tyre retailer

Career Tracks, International News

Mike Welch, the founder of UK online tyre retail website Blackcircles.com, has been appointed to the board of US online tyre retailer SimpleTire. Welch has taken up the position of strategic advisor for the company, which sources inventory from independent suppliers and ships to the customer’s chosen location.

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Related news:

  1. Tirescanner.com appoints VP sales
  2. TireScanner appoints three ex-Blackcircles execs
  3. Tirescanner.com live in 42 US states, multi-million dollar funding close
  4. Tirescanner reports 400% sales growth in first quarter
2nd August 2017/by Andrew

Blackcircles looking to enter Asia Pacific markets

Company News, International News

Mike Welch’s global aspirations for Blackcircles.com pre-date the Scottish company’s acquisition by Michelin, however the tyre maker has provided a platform for expansion, and over the coming year Blackcircles will work towards establishing a presence on the other side of the world. Speaking with The Scotsman, the founder and chief executive officer shared that consumers in Asia Pacific will soon get to know the Blackcircles way of buying tyres.

Read more

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  1. Tirescanner reports 400% sales growth in first quarter
  2. TireScanner appoints three ex-Blackcircles execs
  3. Blackcircles.com opens first Tesco PitStop in Scotland
  4. Blackcircles on expansion, investment and going international
23rd January 2017/by admin

Mike Welch an honorary doctor of enterprise

Career Tracks, UK News

Edinburgh Napier University has made Blackcircles founder Mike Welch an honorary doctor of enterprise at a ceremony held in Edinburgh’s Usher Hall on 7 July.

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13th July 2016/by admin

Blackcircles founder Mike Welch receives OBE

Career Tracks, Premium, UK News

Mike Welch, the founder and CEO of Blackcircles.com and long-time supporter of adoption and fostering charities in Scotland and the UK is to receive the OBE.

Named in the Queen’s new year’s honours list, which was published on 30 December, Welch has been given the OBE for ”services to business and voluntary service to adoption and fostering”.

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4th January 2016/by admin

Mike Welch on Michelin takeover, Blackcircles’ growth and expectations

Premium, UK News
© Jane Barlow 2014 janebarlowphotography

With Michelin buying a stake in Allopneus as well as the complete Blackcircles business in the Spring; and with Apollo purchasing Reifen.com in November, it is fair to say we witnessed a trend towards manufacturer investment in online tyre businesses this year. Dig a little deeper and we are beginning to learn more about how tyre manufacturers are approaching this unavoidably important strategic area. With 2015 being something of a landmark year in this respect, Tyres & Accessories met with Blackcircles founder and managing director Mike Welch in Edinburgh to find out more.

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Related news:

  1. Michelin buys Blackcircles.com for £50 million
  2. Michelin to capitalise on Blackcircles.com, ATS Euromaster ‘synergies’
  3. Blackcircles on expansion, investment and going international
  4. Blackcircles.com sponsoring Formula E on ITV
7th December 2015/by admin

Michelin to capitalise on Blackcircles.com, ATS Euromaster ‘synergies’

Company News, Premium, UK News

Michelin chief operating officer, Florent Menegaux told Tyres & Accessories that the manufacturer would promote synergies with ATS Euromaster following its acquisition of Blackcircles.com. Speaking to Tyrepress following the announcement of its £50 million purchase, Michelin’s chief operating officer said that the UK’s biggest online tyre retail operation would gain “access to ATS Euromaster branches in the UK”, which numbered 343 in the recent T&A survey of the retail landscape.

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Related news:

  1. Michelin buys Blackcircles.com for £50 million
  2. Mike Welch on Michelin takeover, Blackcircles’ growth and expectations
  3. Blackcircles on expansion, investment and going international
  4. Micheldever’s TyreClick to support independents’ online competitiveness
7th May 2015/by Andrew
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