Monomoy Capital Partners to acquire Jiffy Lube for $1.3 billion from Shell USA

The acquisition aligns Jiffy Lube's strong position in the automotive service industry with Monomoy's experience in operational support

Monomoy Capital Partners, a private investment firm specializing in private equity and credit investing within the middle market, has announced a definitive agreement to acquire Jiffy Lube International Inc., a quick lube and automotive service franchisor in North America, from Pennzoil Quaker State Co. DBA SOPUS Products, which is a wholly owned subsidiary of Shell USA Inc.