Trivest Partners announces it has made an investment in LubeZone, Inc.
Miami, FL – (January 9, 2019) Trivest Partners (“Trivest”) announces it has made an investment in LubeZone, Inc. (“LubeZone” or “the Company”). The LubeZone transaction represents the 6th platform company investment in the Trivest Growth Investment Fund (“TGIF”), a $225 million fund dedicated to making growth and non-control investments in founder/family-owned businesses.
LubeZone is a fast-growing network of preventative maintenance centers focused on oil changes and other rapid services for heavy and medium duty trucks. The Company provides preventative services to over-the-road trucks in as little as 30 minutes, allowing vehicle operators to maximize their time on the road. Convenient on-highway locations, extended operating hours, competitive pricing, and high quality service encompass LubeZone’s strong value proposition.
LubeZone serves thousands of customers, including individual owner-operators and fleets, across Texas, Oklahoma and Georgia. Corporate headquarters are in Minneapolis, Minnesota.
With the support of Trivest, LubeZone will be pursuing identified initiatives for continued organic growth while also actively pursuing strategic add-on acquisitions in the truck lube, wash and preventative maintenance space.
For additional information on LubeZone, please visit www.lubezone.com.
About Trivest Partners:
Trivest Partners is a private investment firm that focuses on partnering with founder/family owned businesses in the United States and Canada. Since its founding in 1981, Trivest has completed more than 250 transactions, totaling in excess of $6.0 billion in value. For additional information, please visit www.trivest.com.
For Immediate Release
Contact:
Megan McTaggart
612-509-1411