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New Deal


Announced

Completed

Greenbriar Equity Group completed the acquisition of Oil Changers from Travis Partners.

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 changer

Single Bidder

United States

Private Equity

Friendly

Chemicals: Diversified

quick lube facilities

Acquisition

Domestic

Private

Majority

Completed

Synopsis

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Greenbriar Equity Group, completed the acquisition of Oil Changers, one of the largest operators of quick lube facilities on the West Coast, from Trivest Partners. Financial terms were not disclosed. "Oil Changers is one of the few remaining independent providers of scale in the quick lube industry, a segment of the automotive aftermarket that we see benefitting from organic growth and consolidation tailwinds over the coming years. We were particularly impressed by the Company's track record of consistent growth, which is the product of strong leadership and an unparalleled reputation for service excellence with its loyal customer base. We look forward to partnering with Eric and the entire management team to further expand the platform," Matt Burke, Greenbriar Equity Group Managing Director.

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