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LUBExpress Acquired by Galena Associates
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October 2008 |
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LubExpress Operating Co., Inc. (“LUBExpress”) is a leading provider of automotive quick service oil changes and other preventive maintenance services |
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Led by its Founder, CEO and President, Robert Bridgeman, LUBExpress grew its business from a single store to 13 locations throughout the attractive Northern and Central New Jersey markets |
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LUBExpress, the largest independent quick lube operator in New Jersey, retained TM Capital to conduct a competitive sale process to provide shareholder liquidity |
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TM Capital negotiated a sale of LUBExpress to an affiliate of Galena Associates LLC, the largest franchisee of Valvoline Instant Oil Change locations |

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