Greenbriar Equity Group, a middle-market private equity firm, has acquired a majority position in JEGS Automotive, the national retailer and distributor of high-performance aftermarket auto parts and accessories based in Delaware, Ohio.
JEGS, founded in 1960 by The Coughlin Family, offers more than two million product SKUs from over 800 vendors through its website and fulfillment center. The Coughlin Family will retain minority ownership.
“The entire JEGS team has never been more excited about the opportunities that lie ahead, and we look forward to partnering with Greenbriar and their extensive network of sector experts as we focus on enhancing our customers’ online experience, onboarding new products and services, and expanding our reach,” said Jeg Coughlin III, president of JEGS.
For more information, visit jegs.com.