PetroChoice Holdings, Inc.
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PetroChoice Holdings, Inc. - overview
Established
1969
Location
King of Prussia, PA, US
Primary Industry
Oil & Gas
About
PetroChoice Holdings, Inc. is a prominent lubricant distributor providing diverse lubrication solutions for industrial, commercial, and passenger vehicle sectors throughout the United States and expanding into international markets. PetroChoice Holdings, Inc. was established in 1969 in King of Prussia, US, specializing in lubrication distribution.
The company has undergone pivotal changes, including its acquisition by Moove from Golden Gate Capital for USD 479 mn on May 23, 2022. The CEO of the company is Jose Rapacci. PetroChoice offers a comprehensive range of lubrication solutions, including motor oils, greases, and hydraulic fluids, featuring both renowned brands like ExxonMobil and proprietary products like Medallion-Plus, DynaPlex21C, and Eco-Ultra. Their offerings are tailored to enhance machinery and vehicle performance while minimizing downtime for clients across various industries.
PetroChoice generates revenue through direct sales, partnerships, and potentially subscription services. The company focuses on B2B sales, catering to clients ranging from small businesses to large industrial firms, with flagship products like Medallion-Plus and Eco-Ultra significantly contributing to its revenue stream. Following its acquisition by Moove, PetroChoice aims to leverage the support for future growth, targeting expansion into new markets and regions. Specific plans include introducing innovative lubrication products and enhancing distribution channels to strengthen its market position in the U.
S. lubricant sector.
Primary Industry
Oil & Gas
Sub Industries
Petroleum Wholesale Distribution, Petrochemicals
Website
www.petrochoice.com
Company Stage
Acquired
Total Amount Raised
Subscriber access only
PetroChoice Holdings, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | PetroChoice Holdings, Inc. | - | ||||||||
| Add-on | Completed | Commercial Distributing Inc.'s Lubricant Business | - | ||||||||
| Add-on | Completed | Universal Lubricants, LLC | - | ||||||||
| Secondary Buyout | Completed | PetroChoice Holdings, Inc. | - | ||||||||
| Add-on, Trade Sale | Completed | PetroLiance, LLC | - |
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PetroChoice Holdings, Inc. - employee data
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