Kirkland Advises Monomoy Capital Partners on Definitive Agreement to Acquire Jiffy Lube from Shell for $1.3 Billion

Kirkland & Ellis advised Monomoy Capital Partners, a private investment firm focused on private equity and credit investing in the middle market, on a definitive agreement to acquire the quick lube and automotive service franchisor in North America, Jiffy Lube International, Inc., from Pennzoil Quaker State Company DBA SOPUS Products, a wholly owned subsidiary of Shell USA, Inc. An affiliate of Monomoy will acquire Jiffy Lube through its Fund V for approximately $1.3 billion. The transaction is expected to close by the second half of 2026, subject to customary closing conditions and regulatory approval.

Read the transaction press release

The Kirkland team included corporate lawyers Michael Sartor, Annie Cataldo, Sydney Collins, Ross Taylor and Caroline Kurani; debt finance lawyers Jason Serlenga, Jake Rosen, Francis Won and Tamie Daniels; technology transactions & IP lawyers Adam Petravicius, Kyla Risko and Amani Coutinho; and tax lawyers Benjamin Schreiner and Brittany Nguyen.