Last Updated
Case Status
Pending
In the Matter of Valvoline Inc., a corporation; and Greenbriar Equity Fund V, L.P., a limited partnership; and OC Intermediate Co, Inc., a corporation.
Case Summary
The Federal Trade Commission will require automotive services company Valvoline Inc. and private equity firm Greenbriar Equity Fund V., L.P. (Greenbriar) to divest 45 quick-lube oil change shops to resolve antitrust concerns surrounding their $625 million deal. Main Street Auto, LLC will acquire the divested outlets from Greenbriar under the terms of the FTC’s proposed divestiture order.