Orange County Business Journal

Sale of EZ Lube Chain Final

Kari Hamanaka Tuesday, March 13, 2012

The sale of Costa Mesa-based EZ Lube LLC to competitor Valvoline Instant Oil Change has closed.

EZ Lube, which was owned by New York-based Goldman Sachs Specialty Lending Group LP, was sold to Henley Pacific LA, the West Coast affiliate of Newton, Mass.-based Henley Enterprises Inc.

Henley is the largest franchisee of Lexington, Ky.-based Valvoline Instant Oil Change.

Terms of the deal, which officially closed March 8, are undisclosed.

The 72-unit EZ Lube chain will undergo a rebranding over the next six months, converting to Valvoline stores.