NEW YORK, July 1, 2026 — Golub Capital acted as Administrative Agent and Joint Lead Arranger on an $831 million unitranche facility supporting Monomoy Capital Partners’ buyout of Jiffy Lube from Shell USA, Inc. (NYSE: SHEL). Terms of the transaction were not disclosed.
Jiffy Lube is the leading quick lube and automotive service franchisor in North America, with a highly scaled, multi-site footprint. The partnership combines Jiffy Lube’s leadership position in the automotive service industry with Monomoy’s history of providing operational support to branded retailers and automotive aftermarket businesses.
“Golub Capital has significant experience in the automotive services and broader consumer sectors and is confident underwriting franchised, multi-site businesses at scale,” said Spyro Alexopoulos, Co-President of Golub Capital and Co-Head of the Firm’s Sponsor Finance business. “We’re excited to partner with Monomoy and to support Jiffy Lube’s next phase of growth.”
The unitranche facility is composed of a $75 million revolver and a $756 million term loan.
“Golub Capital’s expertise in franchised, multi-site businesses made them a natural partner for this transaction,” said Lee Mlotek, Managing Director at Monomoy Capital Partners. “Their ability to deliver a flexible, scaled financing solution was critical to execution.”
Golub Capital has over $16.5 billion invested across more than 90 consumer, restaurant and retail portfolio companies. This is the Firm’s first transaction with Monomoy Capital Partners.
About Golub Capital Sponsor Finance
Golub Capital is a market-leading, award-winning direct lender and experienced private credit manager. We specialize in delivering reliable, creative and compelling financing solutions to companies backed by private equity sponsors. The firm’s Direct Lending group provides buy-and-hold financing for sponsor-backed transactions with hold positions up to $1 billion and arranges syndicated credit facilities up to $2 billion.
As of April 1, 2026, Golub Capital had over 1,100 employees and over $90 billion of capital under management, a gross measure of invested capital including leverage. The firm has offices in North America, Europe, Asia and the Middle East. For more information, please visit golubcapital.com.