North Florida Lubes, Inc. has been acquired by Driven Brands
The private shareholder of North Florida Lubes, Inc. (NFL) has sold the company to Driven Brands. Financial details have not been disclosed.
North Florida Lubes, Inc. (NFL) is the leading independent operator of Havoline Xpress Lubes (Xpress Lubes) quick lube service shops in the USA. The company was founded in 1995. Over the past 20 years, NFL has expanded from two stores located in Jacksonville, Florida, to 67 stores located throughout central and northeastern Florida and southeastern Georgia. NFL offers a variety of services including: full service oil changes, transmission fluid service, fuel injection replacement, air filter replacement, car wash and other related services.
Driven Brands manages a family of automotive brands including; 1-800 Radiator, CARSTAR, MAACO, Meineke Car Care Centers, Merlin 200,000 Mile Shops, Pro Oil Change and Econo Lube & Tune. The companies provide automotive car care solutions. Driven Brands is a portfolio company of Roark Capital Group, a private equity firm based in Atlanta, Georgia.
Oaklins' team in Jacksonville advised the seller in this transaction.
Talk to the deal team
Related deals
Triscan has joined APA and Riverarch to accelerate growth in the European aftermarket
Triscan AS, a leading provider of OE-quality automotive spare parts for the professional aftermarket in Europe, has been acquired by APA Industries, LLC, a portfolio company of Riverarch Equity Partners.
Learn moreTEAM Safety Services Limited has been acquired by Vadella Group
TEAM Safety Services Limited, a leading UK-based health, safety and fire safety consultancy, has been acquired by Vadella Group, a specialist provider of inspection-led compliance services for the built environment.
Learn more123.tv has been acquired by DVC Partners
123.tv, a digitally driven home and live shopping and e-commerce platform with a unique live auction format offered on its own TV channels and digital platforms, has been acquired by DVC Partners, a pan-European private equity firm.
Learn more