Oil Changers Inc., a portfolio company of Brick Investment Partners LLC, acquired Generational Equity client Royal Car Care Inc. on November 28, 2018.
Royal Car Care (RCC), based in Hanford, California, operates two automotive service centers with onsite touchless car washes in addition to a standalone quick lube shop in Kings County. The company provides a variety of services, such as oil changes and fuel injection cleaning, and has a discount program for frequent customers.
Headquartered in Pleasanton, California, Oil Changers has developed an automotive fast oil change concept based on convenience, quality and service. Founded in 1986, it now boasts 34 facilities in the San Francisco, San Diego and Fresno regions.
The company also has a focus on sustainability, as it works with local businesses to recycle lubricants and all 34 locations are state certified collection centers where used oil and filters are accepted at no charge for proper disposal.
Brick Investment Partners acquired Oil Changers in February of 2018 as a portfolio company. Brick seeks to invest in small and middle market private businesses. Potential situations include when corporate owners divest non-core businesses; existing owners/management are looking for liquidity, financial or strategic support; and family or retiring owners seek exit strategies
Generational Equity Senior Managing Director Stephen Crisham’s team, led by Senior M&A Advisor James Hermann with support from Managing Director Lori Galloway, carried the deal to a successful close. Senior Managing Director Tom Braun established the initial relationship with RCC.
“This was a transaction that took some time to put together, but all parties were gracious and cooperative in making it work,” said Hermann.
“It was a pleasure to be involved in this truly win-win scenario.”
Our dealmakers are committed to helping transactions like this reach a conclusion that matches the goals of both parties, supporting our clients to exit every step of their journey.
If you’d like to learn more about our history in this industry, visit our dedicated Automotive page.
The information we learn from customers helps us personalize and continually improve your experience. Here are the types of information we gather.
We receive and store any information you enter on our Web site or give us in any other way. We do not sell or rent your personal information to others without your consent. We use the information we collect only for the purposes sending promotional information, enhancing the operation of our site, serving advertisements, for statistical purposes and to administer our systems. We DO NOT use third parties to provide customer service, to serve site content, to serve the advertisements you see on our site, to conduct surveys, to help administer promotional emails, or to administer drawings or contests, but reserve the right to do so in the future without advance notice.
Generational Equity, LLC’s affiliates are all part of one corporate family, they work with one another and may work together to provide services to you. The sharing of your information among affiliates enables Generational Equity Canada to serve you more efficiently and makes it more convenient for you to do business with Generational Group. Generational Equity Canada is permitted by law to share information with its affiliates. All of our affiliates follow similar privacy policies.
For reasons such as improving personalization of our service, we might receive information about you from other sources and add it to our account information.
Generational Group may license the use of its intellectual property including but not limited to its name, likeness, and logo for the use of affiliated offices. Such affiliated offices may not be owned, controlled, managed, supervised or staffed by employees, officers, or agents of Generational Group. Affiliated offices may be independently owned and operated. For more information about a particular office, please contact Generational Group at its office in Dallas, Texas.
This page may contain other proprietary notices and copyright information, the terms of which must be observed and followed.
Information on this web site may contain technical inaccuracies or typographical errors. Information may be changed or updated without notice. Generational Group may also make improvements and/or changes in the products and/or the programs described in this information at any time without notice.
Generational Group does not want to receive confidential or proprietary information from you through our web site. Please note that any information or material sent to Generational Group will be deemed NOT to be confidential. By sending Generational Group any information or material, you grant Generational Group an unrestricted, irrevocable license to use, reproduce, display, perform, modify, transmit and distribute those materials or information, and you also agree that Generational Group is free to use any ideas, concepts, know-how or techniques that you send us for any purpose.
Our computer system protects personal information using advanced firewall technology.
Information Generational Group publishes on the World Wide Web may contain references or cross references to other products, programs and services that are not announced or available in your country. Such references do not imply that Generational Group intends to announce such products, programs or services in your country. Consult a Generational Group representative for information regarding the products, programs and services which may be available to you.
Generational Group makes no representations whatsoever about any other web site which you may access through this one. When you access a non-Generational Group web site, please understand that it is independent from Generational Group, and that Generational Group has no control over the content on that web site. In addition, a link to a non-Generational Group web site does not mean that Generational Group endorses or accepts any responsibility for the content, or the use, of such web site. It is up to you to take precautions to ensure that whatever you select for your use is free of such items as viruses, worms, Trojan horses and other items of a destructive nature.
IN NO EVENT WILL Generational Group BE LIABLE TO ANY PARTY OR ANY DIRECT, INDIRECT, SPECIAL OR OTHER CONSEQUENTIAL DAMAGES FOR ANY USE OF THIS WEBSITE, OR ON ANY OTHER HYPERLINKED WEBSITE, INCLUDING, WITHOUT LIMITATION, ANY LOST PROFITS, BUSINESS INTERRUPTION, LOSS OF PROGRAMS OR OTHER DATA ON YOUR INFORMATION HANDLING SYSTEM OR OTHERWISE, EVEN IF WE ARE EXPRESSLY ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
Furthermore, all information contained within this website is the property of Generational Group.
Honored to win Investment Banking Firm of the Year 3 years running.
Over 50 awards and counting.
Sign up to receive regular email updates, industry-leading insights and details on complimentary M&A executive conferences in your area from our award-winning team
Success, you have been added to our list.