Tyreese breaks down Monomoy Capital's one point three billion dollar buyout of Jiffy Lube from Shell, why Big Oil is exiting the service bay, what private equity does with nineteen million customers a
Tyreese Burton
Oil Change Expert
*Originally aired 2026-09-26 on the Mobile Oil Change Industry podcast.*
Tyreese breaks down Monomoy Capital's one point three billion dollar buyout of Jiffy Lube from Shell, why Big Oil is exiting the service bay, what private equity does with nineteen million customers a year, and the playbook for mobile operators.
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[Listen to "Shell Sells Jiffy Lube: The One Point Three Billion Dollar Shake-Up - September 26, 2026" on the podcast page](/podcast/shell-sells-jiffy-lube-the-one-point-three-billion-dollar-shake-up-september-26-2026-2026-09-26)
Alright, welcome back to the Mobile Oil Change Industry. I'm Tyreese, and today we've got a big one. Because one of the most famous names in our entire business just got sold. Not a shop down the street. Not a franchisee. The whole brand.
Shell, yeah, the oil giant, sold Jiffy Lube. All of it. More than two thousand stores, the brand, the whole operation, to a private equity firm called Monomoy Capital Partners. For approximately one point three billion dollars. Look, when Big Oil decides the oil change business isn't worth keeping, that tells you something. And I'm sitting here thinking, what exactly does it tell us?
So I started digging. Here's what I found. The deal was announced back in March, and it closed on the first of July. Monomoy is a New York private equity firm, and this is what they do. They buy corporate carve-outs. That's their phrase, not mine. Big companies with a division they don't want anymore, Monomoy comes in, buys it, and runs it as a standalone business.
*Video summary coming soon — a visual breakdown of the key points from this episode.*
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*Tyreese Burton is the owner-operator of MOMS Mobile Oil Change in the Philadelphia area and host of the Mobile Oil Change Industry daily podcast. He covers the business of mobile automotive service — pricing, operations, fleet contracts, and industry shifts — from the driver's seat.*
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Expert in mobile oil change services with years of experience helping drivers maintain their vehicles.