Audax Group completed an investment in Princeton Equity Group-Backed Strickland Brothers.

Audax Group, a private equity firm, completed an investment in Princeton Equity Group-Backed Strickland Brothers, a drive-thru automotive service chain specializing in quick oil changes, fluid top-offs, and minor maintenance without requiring appointments. Financial terms were not disclosed. “We’re excited to partner with Princeton Equity Group and the Strickland Brothers team, and look forward to supporting their vision for future growth. In four-plus years, they’ve established an impressive track record building the company’s brand in key markets; growing its store-count through a mix of M&A, de novo growth and new franchise locations; and driving consistent unit-level growth across both top- and bottom-line performance,” Kumber Husain, Audax Group Managing Director.