May 25, 2021—Princeton Equity Group announced a strategic investment in Strickland Brothers 10 Minute Oil Change, according to a press release.
Exact terms of the investment weren't released. The press release noted that Strickland Brothers has awarded 165 franchise licenses since it began franchising in early 2020.
“This investment is a testament to our track record, and we are excited to have the team at Princeton Equity Group support our aggressive plans for growth,” Strickland Brothers CEO Justin Strickland said in the release. “Our shared values and vision for the Strickland Brothers brand will allow the company and our franchisees to continue providing excellent customer service at a much larger scale.