Valvoline to acquire Breeze Autocare from Greenbriar Equity Group for $625m.

Valvoline, an American retail automotive services company, agreed to acquire 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. "Welcoming Breeze Autocare into the Valvoline network allows us to immediately add nearly 200 stores that are geographically complementary and will expand our customer reach," Lori Flees, President and CEO Breeze Autocare.