Executing the turnaround of America’s
leading Jiffy Lube® franchisee
Team Car Care (formerly known as Heartland Automotive Services), headquartered in Irving, TX, is the market leader in the quick oil change segment of the “Do-It-For-Me” (DIFM) automotive aftermarket. Team Car Care has grown to be the largest operator and franchisee of the highly recognizable Jiffy Lube brand, currently operating 496 stores across 26 states.
Transaction
Wynnchurch acquired Team Car Care in February 2018.
Opportunity
Team Car Care represented an opportunity to acquire a market leader in the growing automotive aftermarket services industry with significant value creation opportunities.
Strategy
Wynnchurch is working with management to execute on a turnaround strategy that includes investing in the operations of the company.