Golden Gate Capital is purchasing automotive service provider Express Oil Change & Tire Engineers from two-time owner Carousel Capital. Private equity firm Carousel Capital first acquired Express Oil in 2005 before selling the company in June 2010, and later purchased Express Oil again in February 2013.

Founded in 1979, Express Oil offers on-demand oil changes, vehicle maintenance, repair, and tire sales services. The target, based in Birmingham, Alabama, owns approximately 300 franchise locations across 15 states.

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