Announced
Completed
Synopsis
Valvoline, an American retail automotive services company, completed the acquisition of Breeze Autocare, an American independent provider of automotive quick lube and other preventive maintenance services, from Greenbriar Equity Group, a private equity firm investing in transport, automotive, distribution, industrial equipment, and components, logistics, surface transport sectors, for $625m. “We are pleased to announce the completion of the Breeze Autocare acquisition. This strategic acquisition accelerates our growth by immediately increasing the number of stores within our network and expands our customer reach. Adding the outstanding services provided by the teams at Breeze Autocare reinforces our position as a leading provider of preventive automotive maintenance services," Lori Flees, Valvoline President and CEO.
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