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  6. Jiffy Lube Acquires Washburn Industries

M&A Deal Summary

Jiffy Lube Acquires Washburn Industries

On April 26, 2011, Jiffy Lube acquired automotive company Washburn Industries

Acquisition Highlights
  • This is Jiffy Lube’s 5th transaction in the Automotive sector.
  • This is Jiffy Lube’s 5th transaction in the United States.
  • This is Jiffy Lube’s 1st transaction in California.

M&A Deal Summary
Date 2011-04-26
Target Washburn Industries
Sector Automotive
Buyer(s) Jiffy Lube
Deal Type Add-on Acquisition

Target

Washburn Industries

San Diego, California, United States
Washburn Industries, Inc. is an operator of Mobil 1 quick lube service centers in central Texas.

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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 5 of 5
Sector: Automotive M&A 5 of 5
Type: Add-on Acquisition M&A Deals 5 of 5
State: California M&A 1 of 1
Country: United States M&A 5 of 5
Year: 2011 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-03-09 Constitution Lube

Wethersfield, Connecticut, United States

Constitution Lube, Inc. is a provider of oil change services.

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