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New Deal


Announced

CenterOak Partners-backed FullSpeed Automotive to acquire American LubeFast.

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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oil changes

Friendly

United States

Auto Services

Private

lube services

Pending

brake services

Acquisition

Private Equity

Majority

Single Bidder

Synopsis

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CenterOak Partners-backed FullSpeed Automotive, an automotive aftermarket services platform, agreed to acquire American LubeFast, a provider of quick lube services with 50 total locations in Georgia, Florida, Mississippi and Alabama. Financial terms were not disclosed. "FullSpeed has been actively expanding over the last 26 months to better serve customers in key regions. American Lube Fast’s location density in a strategic area combined with their focus on delivering exceptional customer service made this an ideal fit for the FullSpeed platform," Randall Fojtasek, CenterOak Managing Partner.

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