PE-backed Heartland Automotive Services Inc. has closed a deal for 33 new Jiffy Lube locations.
The company, which is a Jiffy Lube franchisee, picked up new locations in northern Florida and South Carolina. Through the Jiffy Lube centers, the company provides oil changes and other automotive maintenance services.
The purchase allows Heartland to develop a southeast division, which will include six existing centers near Savannah, Ga., and Hilton Head Island, S.C. Heartland now operates about 570 Jiffy Lube locations.
Heartland, headquartered in Irving, Texas, is a portfolio company of private equity firm Sun Capital Partners Inc. Boca Raton, Fla.-based Sun Capital is a private equity firm that has invested in more than 325 companies. Other portfolio companies include Bar Louie, Johnny Rocket’s and Manoir Industries.