Pugh Lubricants | Stephens

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What We Do

We provide investment banking, research, sales and trading, asset and wealth management, public finance, insurance, private capital, and family office services.

About Us

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Financial Advisor

Pugh Lubricants

Value Not Disclosed 11/11/2016 Specialty Distribution Complete
Lead Banker: Brad Yates
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Transaction Details

  • On November 22, 2016, Tenex Capital Management announced the completion of its acquisition of Pugh Lubricants (the “Company”), the distribution assets of Pugh Oil Company, Inc.
  • Pugh Lubricants is a leading pure-play, full-line lubricant distributor of branded and private label lubricants to the Mid-Atlantic and Southeast U.S.
  • The Company has four strategically placed facilities throughout the Southeast and distributes over 3,900 SKUs of high performance bulk and packaged lubricants and ancillary products
  • Stephens Inc. served as exclusive financial advisor to Pugh Oil Company, Inc.

About the company

Pugh Lubricants

Pugh Lubricants is a distributor of nationally branded and private label finished lubricants, antifreeze, and other ancillary product lines throughout the Carolinas, Virginia, Tennessee, and portions of Georgia, Alabama, Mississippi and Arkansas. For additional information, visit www.pughlubricants.com.

Tenex Capital Management

Tenex Capital Management is a private equity firm that invests in middle-market companies. Tenex uses an in-house team of hybrid investment professionals skilled in operational leadership, investing and capital markets structuring to maximize long-term value creation. Tenex’s deep operating experience allows the firm to collaborate with management teams to capitalize on business and market opportunities. Tenex has established a successful track record investing in diverse industries, including industrials, manufacturing, and health and business services. For additional information, visit www.tenexcm.com.

Source: Company filings.
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