January 18, 2012
Greenbriar Equity Group has acquired PetroChoice from KRG Capital Partners. The Senior Secured Loan Program, jointly managed by Ares Capital Corporation and GE Commercial Finance Investment Advisory Services, provided senior secured debt financing for the transaction. PetroChoice distributes consumable commercial, industrial and passenger vehicle lubricants in the Mid-Atlantic and Upper Midwest. KRG had backed the company since April 2011.
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