Kelley Drye Represents Atlantic Coast Enterprises in Acquisition of Jiffy Lube and Xpress Lube Service Centers

Kelley Drye represented Atlantic Coast Enterprises, LLC (ACE) in the purchase of 43 fast-lube and oil service centers throughout Florida from Jiffy Lube International, Inc., the largest franchisor and owner of company operated service centers in the fast lube industry. In a related transaction, Kelley Drye also represented ACE in the acquisition of 8 fast-lube and oil service centers throughout South Carolina from Xpress Lube OF NMB, Inc., a large independent fast-lube and oil service center operator in South Carolina. ACE, a privately owned company based in Norwalk, Connecticut, has become one of the top U.S. fast-lube and oil change companies and will be one of Jiffy Lube’s top franchise holders.

Partner Jack J. Miles represented ACE in this matter.