Carousel Capital Acquires Significant Stake in Quality Automotive Services (Valvoline Instant Oil Change Franchisee)

ICV Partners Acquires Significant Stake in Interstate Auto Care

September 17, 2024

Automotive

ICV Partners has acquired a significant ownership interest in Interstate Auto Care, a leading Valvoline Instant Oil Change franchisee that operates ~26 locations across the Northeast and Southern United States. The investment will support Interstate Auto Care’s planned growth via acquisitions and greenfield expansion; founder Howard Weiner will move to a board role while Dan Sonnenreich continues as CEO.

Valvoline Acquires Breeze Autocare from Greenbriar Equity Group

February 20, 2025

Automotive

Valvoline, Inc. has signed a definitive agreement to acquire Breeze Autocare, a Pleasanton, California–based operator of quick lube, car wash, and light repair services, from Greenbriar Equity Group. Breeze operates more than 200 locations and serves over 1.8 million customers annually; the deal expands Valvoline's retail service network and capabilities across the United States.

Silver Oak Services Partners Recapitalizes Drive Automotive Services

September 8, 2021

Automotive

Silver Oak Services Partners led a recapitalization investment in Drive Automotive Services, a multi-site operator of automotive repair shops headquartered in Atlanta, Georgia. The capital will support Drive's growth and expansion of its 22 repair locations and a team of over 120 service technicians across multiple U.S. metropolitan markets.

FullSpeed Automotive Acquires 25 Quick-Lube and Service Centers in Dallas–Fort Worth

July 7, 2021

Automotive

FullSpeed Automotive, a MidOcean Partners–backed franchisor/operator, acquired 25 quick-lube and automotive service centers in the Dallas–Ft. Worth market (majority operating under the Kwik Kar brand) from owner Ryan Ghoutiemeh. The deal expands FullSpeed's geographic footprint as an add-on to its platform, which now operates over 675 franchised and company-owned locations.

Cardinal Services Acquires Quality Energy Services

August 14, 2025

Energy

Cardinal Services, backed by Kotts Capital Holdings, has acquired Quality Energy Services (QES), an offshore well intervention and production optimization provider headquartered in Broussard, Louisiana. The deal expands Cardinal's specialty oilfield services capabilities and footprint across the Gulf of Mexico and Gulf Coast; QES President Randy Landry will remain with the combined company to lead QES post-closing.

O2 Investment Partners Forms Straightaway Tire & Auto Platform with Five Independent Repair Operators

July 12, 2023

Automotive

O2 Investment Partners has invested in and partnered with All County Automotive, Auto Care Plus, EAS Tire & Auto, Victory Automotive Service, and Village Autoworks to create Straightaway Tire & Auto, a new independent automotive service platform. The combined platform brings together 43 locations across multiple U.S. states and will support organic growth and further M&A activity while founding operators retain significant ownership and continue to lead their businesses.