Monomoy to acquire Jiffy Lube from Shell

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Monomoy to acquire Jiffy Lube from Shell

privateequitywire

3 months ago

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Monomoy Capital Partners, a private investment firm focused on private equity and credit investing in the mid-market, has entered into a definitive agreement to acquire oil change business Jiffy Lube from Pennzoil Quaker State Company DBA SOPUS Products, a wholly owned subsidiary of Shell. An affiliate of Monomoy will acquire Jiffy Lube through its Fund V for approximately $1.3bn.
Founded in 1979 and headquartered in Houston, Texas, Jiffy Lube serves approximately 19 million customers annually t...

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