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Generational Equity Advises Royal Car Care in Sale to Oil Changers

By Generational Equity

Dec 19, 2018, 08:00 et

Royal Car Care

Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Royal Car Care Inc., to Oil Changers Inc., a portfolio company of Brick Investment Partners LLC. The acquisition closed 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 of 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."

About Generational Equity

Generational EquityGenerational Capital Markets (member FINRA/SIPC), DealForce and Talis Advisors are part of the Generational Group, which is headquartered in Dallas and is one of the leading M&A advisory firms in North America.

With over 250 professionals located throughout North America, the companies help business owners release the wealth of their business by providing merger, acquisition and strategic growth advisory services. Their four-step approach features exit planning education, business valuation, value enhancement strategies, and M&A transactional services.

The M&A Advisor named the company the 2016, 2017 and 2018 Investment Banking Firm of the Year. For more, visit the https://www.genequityco.com/ or the Generational Equity press room.

We thank you Eric and Generational Equity making our dream come true.
Larry Moore, Owner, A Company Portable Restrooms
We knew it would be a difficult task to have someone really understand our business and our market, prior to researching a possible buyer, so it was imperative that we found someone of your caliber, with definite proven experience in this area.
Rick Nowak, President/CEO, Kurz Electric Solutions, Inc.
The process was much more involved than I expected and your help, experience and advice was a big factor in making the negotiations go as smoothly as possible.
Terry D. Wickman, President, Keytroller
I must say that I have never worked with a more driven, competent and focused individual as Don Ho.
Jay Dinnison, Owner of Sharpe Mixers
Generational Equity’s assistance was invaluable in compiling and marketing our business.
Bil MacLeslie, CEO, ipHouse
We are extremely pleased with the way Generational Equity handled the sale of our company. Your associates, Tom and Chris, did an outstanding job of getting us (me) through the process.
Michael J Polarek, President, Paragon Packaging
The help you provided us during each step of this process made us feel very comfortable and confident we were selecting the right approach to transition our Company.
Andy Graham, Vice President, Modern Heating & Plumbing
We were happy to see the interest in our company and what we cherished has not just a valuable company but an important company to the communities we served in.
Larry Moore, Owner, A Company Portable Restrooms
Tom Staszak is one of the most professional people I have dealt with in my last forty years of business. You’ve got a great group of people and you have built a truly professional organization.
Michael J Polarek, President, Paragon Packaging
I wanted to write you a quick letter to express our appreciation and our delight on the outcome of helping us through the process of our recent sale. We are very happy with the end result, and are very happy to be able to move forward with all of our future growth plans.
Terry D. Wickman, President, Keytroller
I couldn’t have asked for a better team than Michael and Deborah. We couldn’t have done it without them.
Robert Evans, President and CEO of Mealtracker Dietary Software
I would like to thank you and your firm, Generational Equity, for being our valued advisors in our journey.
Bil MacLeslie, CEO, ipHouse
Your wisdom and experience were invaluable to me during this once-in-a-lifetime transaction.
Ralph Noblin, President of Noblin & Associates
Thanks again Phil and feel free to have a future client call me if they would like a referral. You are a true professional!
Andy Graham, Vice President, Modern Heating & Plumbing
Greetings Mike. Thank you for the captivating and compelling presentation you made at the Phoenix presentation last week. Over many years in business yours was the most informative and well-presented presentation, on any subject, that I have ever attended! Your energy and enthusiasm combined with your concise and captivating support of your positions with easily understood examples and data was compelling.
Pete L.
Generational Equity educated and informed us – so that we could be on the upside of a good decision (to sell).
Bil MacLeslie, CEO, ipHouse
Thank you again for all your guidance and support. Any company will achieve what they intend, if they have you on their team!
Rick Nowak, President/CEO, Kurz Electric Solutions, Inc.
Bruce and I wanted to take this opportunity to thank Generational Equity for assigning Musa Jagne to our transaction. In Bruce’s words, “Musa did one hell of a job for us!”
Karen S. Williams, CFO, BW Manufacturing
Michael worked tirelessly, He followed every lead meticulously and urgently to make sure nothing was missed.
Robert Evans, President and CEO of Mealtracker Dietary Software
We are very happy with the end result, and are very happy to be able to move forward with all of our future growth plans.
Rick Nowak, President/CEO, Kurz Electric Solutions, Inc.
I quickly recognized that Don was working for Sharpe Mixers above all else, and held our interests above others.
Jay Dinnison, Owner of Sharpe Mixers
We will highly recommend Generational Equity and Musa Jagne to any business owner about to embark on the same process.
Karen S. Williams, CFO, BW Manufacturing