Consumer & Retail | Mergers & Acquisitions

LUBExpress Acquired by Galena Associates

  • LubExpress Operating Co., Inc. (“LUBExpress”) is a leading provider of automotive quick service oil changes and other preventive maintenance services
  • 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
  • LUBExpress, the largest independent quick lube operator in New Jersey, retained TM Capital to conduct a competitive sale process to provide shareholder liquidity
  • 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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