Franchise Equity Partners Forms Strategic Partnership with Valvoline to Acquire 38 Company-Owned Stores in Texas
Franchise Equity Partners Forms Strategic Partnership with Valvoline to Acquire 38 Company-Owned Stores in Texas
11/19/24, 3:49 PM
Location
new yorkIndustry
angel investment
venture capital
finance
financial services
Type
partnership
Franchise Equity Partners (FEP) announced a strategic partnership with Valvoline Inc. to acquire 38 of Valvoline's company-owned stores in West Texas. These stores, located in Austin, San Antonio, El Paso, and surrounding regions, will be franchised and operated under the newly formed entity, Velocity Auto Care.
Company Info
Location
new york, united states
Additional Info
Franchise Equity Partners is a private investment firm specializing in providing capital to franchise businesses and their owners. Its differentiated approach combines extensive corporate finance and operating experience with an initial target portfolio size of $1 billion to enable growth, ownership simplification, succession and estate planning, among other strategic business opportunities. To learn more about Franchise Equity Partners, please visit www.fep-us.com or follow the firm on LinkedIn.
Contact: Alyssa Pfitscher (845)-594-7290 apfitscher@fish-consulting.com
SOURCE Franchise Equity Partners