Monomoy Capital Partners to Acquire Jiffy Lube from Shell for $1.3 Billion
March 9, 2026
Monomoy Capital Partners entered into a definitive agreement to acquire Jiffy Lube International, Inc. from Pennzoil Quaker State Company (SOPUS Products), a wholly owned subsidiary of Shell USA, for approximately $1.3 billion. The transaction also includes Jiffy Lube subsidiary Premium Velocity Auto.
- Buyers
- Monomoy Capital Partners
- Targets
- Jiffy Lube International, Inc., Premium Velocity Auto
- Sellers
- Pennzoil Quaker State Company DBA SOPUS Products, Shell USA, Inc.
- Industry
- Transportation
- Location
- Texas, United States
- Transaction Type
- Buyout
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