Sale to Golden Gate Capital

Industrial
Sale to Golden Gate Capital

Summary

Baird served as the exclusive financial advisor to PetroChoice on this transaction.

About

PetroChoice Holdings, Inc. (“PetroChoice” or the “Company”), a portfolio company of Greenbriar Equity Group LLC (“Greenbriar”), has been acquired by Golden Gate Capital (“Golden Gate”). Terms of the transaction were not disclosed.

PetroChoice is the largest distributor of commercial, industrial and passenger vehicle lubricants in the United States. The Company offers one of the broadest product offerings in the industry and provides comprehensive lubricant solutions to address complex and critical lubrication needs in diverse end markets, including general industrial, construction, mining, energy, commercial vehicle fleets, off-highway, auto-dealerships and auto service centers. PetroChoice is headquartered in Fort Washington, Pennsylvania.

Greenbriar is a private equity investment firm focused exclusively on global transportation industries, including aerospace and air transport, automotive, distribution, industrial equipment and components, logistics, MRO, surface transport and other related sectors. Founded in 1999, Greenbriar has over $2.5 billion of committed capital and is headquartered in Rye, New York.

Golden Gate Capital is a private equity investment firm with over $15 billion of capital under management. The principals of Golden Gate Capital have a long and successful history of investing across a wide range of industries and transaction types, including going-privates, corporate divestitures, and recapitalizations, as well as debt and public equity investments. Other notable industrials investments sponsored by Golden Gate Capital include Humanetics, Phillips-Medisize, ANGUS and Springs Window Fashions. Golden Gate Capital is headquartered in San Francisco, California.

For additional information about this transaction, please contact:

Tom Lange +1.813.273.8248
Jason Kliewer +1.813.273.8242
Chris McMahon +1.312.609.4983
Tom Lacy +1.414.298.7648
Dale Rudow +1.414.298.7495
David Silver +44 (0) 20 7667 8216
Industrial
Sale to Golden Gate Capital
Date
December 2015
Company
PetroChoice Holdings, Inc.
Transaction
M&A
Sectors
Industrial
Target Location
North America
Acquiror Location
North America

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