Valvoline (NYSE:VVV) has entered a deal to acquire Breeze Autocare from private equity firm Greenbriar Equity Group for about $625M in cash. The purchase price represents a multiple of 10.7 times Breeze Autocare's adjusted EBITDA.

Valvoline Inc. (NYSE: VVV), the quick, easy, trusted leader in preventive automotive maintenance, today announced that it has signed a definitive agreement to acquire Breeze Autocare from Greenbriar Equity Group,

Greenbriar Equity Group, L.P. ("Greenbriar") announced today that it has signed a definitive agreement to sell Breeze Autocare ("Breeze" or the "Company"), a nationwide operator of quick lube and related vehicle maintenance services to Valvoline,