April 15, 2024

Class VI Partners Represents Grease Monkey Franchisee in its Acquisition by Oilex Operating LLC

Class VI Partners is pleased to announce the acquisition of D&A, Inc. and Patrick Group, Inc. (the “Company”), a seven-location Grease Monkey International (“GMI”) franchisee, by Oilex Operating LLC (“Oilex”), the largest operator of U.S.-based quick lube locations within the GMI franchise system.

“As second-generation franchise owners, Scott and Todd’s reputation in the GMI network is well known. Both Scott and Todd were a pleasure to work with and are genuinely great people. We couldn’t feel more honored that they chose to partner with us and are thrilled that their family legacy will continue with Oilex,” said Matthew Petterson, Class VI Vice President.

“The process was grueling, but I found out quickly that Class VI had our back, from start to finish. Class VI managed each and every hurdle with not only optimism, but confidence. We were going into an unknown world when it came to selling our business. They provided us with a roadmap and the needed support to get to close. Their team is of the highest character and I truly consider them friends,” said Scott Patrick, Company co-owner. “I would tell anyone who was considering selling a business to put a conversation with Class VI at the top of the list. I can’t say enough good things about their team and can’t imagine going through this process without them. They are as good as it gets—absolutely top-notch people!”

“To anyone thinking of selling their business, I recommend meeting with Class VI. You just can’t think about everything that is needed to sell your business. We had no idea how much information would be needed to get to the finish line. Communication is 100% the most important factor. You need someone like Class VI on your side,” said Todd Patrick, Company co-owner.

Headquartered in Denver, Oilex provides oil change and automotive maintenance services and is the largest operator of U.S.-based quick lube locations within the GMI franchise system. Oilex’s acquisition of the Company increases the platform’s location count to 23 stores across Colorado and Arizona. Oilex will continue actively pursuing additional add-on acquisition opportunities to expand its portfolio of quick lube locations in the Western U.S.

The transaction closed on January 31, 2024. Foster Graham Milstein & Calisher served as legal counsel to D&A.

For more information about the transaction, please contact Matthew Petterson at (303) 243-5621 or mpetterson@classvipartners.com.

 About Class VI Partners

Class VI provides middle-market investment banking services, including mergers and acquisitions advisory, corporate advisory, business valuation, and private capital raising services through its affiliate, Class VI Securities, LLC and Member FINRA. Class VI is also affiliated with and offers wealth management services through Class VI Family Office, LLC, a Registered Investment Advisor with the Securities & Exchange Commission.

Company co-owners Scott Patrick and Todd Patrick are not being compensated for sharing opinions of Class VI. Any compensation creates a conflict of interest. The Patricks’ comments may not be representative of any other person’s experience with the firm and are no guarantee of future performance or success.

Additional Disclosures

Investment advisory services offered through Class VI Partners’ affiliate Class VI Family Office, LLC, a Registered Investment Adviser with the U.S Securities and Exchange Commission. Class VI Partners offers investment banking and private securities transactions through its affiliate, Class VI Securities, LLC. Class VI Securities, LLC is a registered broker/dealer and member of the Financial Industry Regulatory Authority (FINRA). Class VI Pathfinder, LLC provides general business consulting to privately held businesses.

Testimonials may not be representative of the experience of other customers. Any promotion, either via testimonial or endorsement, is unpaid (in cash or non-cash form) and does not guarantee future performance or success.  We believe that all information provided is from credible and reliable sources. This information does not constitute advice or a recommendation or offer to sell or a solicitation to deal in any security or financial product. It is provided for information purposes only and on the understanding that the recipient has sufficient knowledge and experience to be able to understand and make their own evaluation of the proposals and services described herein, any risks associated therewith and any related legal, tax, accounting or other material considerations.