M&A Deal Summary

Jiffy Lube Acquires Constitution Lube

On March 9, 2011, Jiffy Lube acquired automotive company Constitution Lube

Acquisition Highlights
  • This is Jiffy Lube’s 4th transaction in the Automotive sector.
  • This is Jiffy Lube’s 4th transaction in the United States.
  • This is Jiffy Lube’s 1st transaction in Connecticut.

M&A Deal Summary
Date 2011-03-09
Target Constitution Lube
Sector Automotive
Buyer(s) Jiffy Lube
Deal Type Add-on Acquisition

Target

Constitution Lube

Wethersfield, Connecticut, United States
Constitution Lube, Inc. is a provider of oil change services.

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Buyer(S) 1

Buyer

Jiffy Lube

Irving, Texas, United States
Category Company
Founded 1995
Sector Retail
DESCRIPTION

Jiffy Lube is an operator of quick lube retail service stores. Jiffy Lube operates approximately 523 quick-oil-change stores in major markets. Jiffy Lube was founded in 1995 and is based in Irving, Texas.

DEAL STATS #
Overall 4 of 5
Sector (Automotive) 4 of 5
Type (Add-on Acquisition) 4 of 5
State (Connecticut) 1 of 1
Country (United States) 4 of 5
Year (2011) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-02-23 Empire Lube Group

Bay Shore, New Hampshire, United States

Empire Lube Group is a provider of oil change services for vehicles.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-04-26 Washburn Industries

San Diego, California, United States

Washburn Industries, Inc. is an operator of Mobil 1 quick lube service centers in central Texas.

Buy -
Mergr

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