VALVOLINE INC. DL-,01

US stocks had a great 2024 but there still were names last year that failed to capitalise on the positive sentiment. A handful of them, however, are fairly positioned for a comeback this year, according to analysts at Jefferies.» Mehr auf invezz.com

Breeze Autocare is a strong operator of nearly 200 stores primarily operated under the Oil Changers brand across 17 states Allows Valvoline to build scale and more quickly expand its presence in strategic markets Expected to deliver top line sales and profit growth and enhance an already strong cash flow profile The purchase price of approximately $625 million represents a multiple of 10.7 times Breeze Autocare's adjusted EBITDA1 Transaction expected to close in fiscal Q3 2025 LEXINGTON, Ky. , Feb. 20, 2025 /PRNewswire/ -- Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, today announced that it has signed a definitive agreement to acquire Breeze Autocare from Greenbriar Equity Group, a middle market private equity firm.» Mehr auf prnewswire.com

GREENWICH, Conn.--(BUSINESS WIRE)--Greenbriar Equity Group, L.P. (“Greenbriar”) announced today that it has signed a definitive agreement to sell Breeze Autocare (“Breeze” or the “Company”), a nationwide operator of quick lube and related vehicle maintenance services to Valvoline, Inc. (“Valvoline”), a leading preventive automotive maintenance provider with more than 2,000 locations across the U.S. and Canada. Founded in 1984, Breeze offers automotive quick lube, car wash, and light repair serv.» Mehr auf businesswire.com