Greenbriar Equity Group Acquires Oil Changers
Greenbriar Equity Group has acquired Oil Changers, an operator of quick lube facilities on the West Coast of the USA, from Trivest Partners LP.
Matt Burke, Managing Director of Greenbriar, said:
“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.”
Kirkland & Ellis LLP served as legal counsel to Greenbriar. Financial terms of the transaction were not disclosed.
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