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Announced

Completed

Oil Changers completed the acquisition of Royal Car Care.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

car detailing

Auto Services

Acquisition

Domestic

Majority

Private

Completed

Friendly

Single Bidder

Synopsis

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Oil Changers, a independent lube chain with 56 locations in the Western US, completed the acquisition of Royal Car Care, a specialsit in car detailing and repairs. Financial terms were not disclosed. “We feel lucky to have so many great people from Royal join the Oil Changers team. The Rocha’s and the entire Royal team are like family, and we feel blessed to have the opportunity to embrace their culture and be part of their success," Eric Frankenberger, Oil Changers President.

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