Audax Strategic Capital invests in Strickland Brothers, a national operator of 10-minute oil change service centers backed by Princeton Equity Group.
In a recent announcement, Audax Strategic Capital (ASC) shared that they have made a structured equity investment in Strickland Brothers, a company known for operating and franchising national drive-thru, 10-minute oil change, and automotive maintenance service centers. Strickland has garnered recognition as a prominent player in this sector. The investment came as Audax showed confidence in Strickland's potential and growth trajectory. Furthermore, Strickland Brothers is managed by Princeton Equity Group (Princeton), a private equity firm located in Princeton. This move underlines ASC's commitment to providing tailored mid-hold equity solutions.
Source: Unusual Whales The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments