Heartland acquired 33 locations in the greater Charleston, S.C., and Jacksonville and Gainesville, Fla., areas, while CISA took over 24 stores in the Columbia, S.C., and Charlotte areas.
Financial terms were not disclosed.
James Marcum, interim CEO of Heartland Jiffy Lube, called the deal a "significant step" in Heartland's history and said the locations acquired "provide a natural platform for growth in the Southeast market."
The acquired stores will be combined with existing Heartland Jiffy Lube locations in Savannah, Ga., and Hilton Head Island, S.C., to form a Southeast Division, Heartland said.
Heartland Automotive is inviting all 250 employees — including district managers and store staff — of the acquired business to continue in their current positions. In many instances, Heartland said it brings new health care insurance and retirement benefits to the teammates not previously available to them.
Irving-based Heartland is an affiliated portfolio company of Sun Capital Partners Inc. It claims to serve nearly 4 million customers a year and has 5,000 employees. It did not disclose it annual sales or other fiscal information.
Mr. Marcum joined Heartland in mid-August, succeeding Brett Ponton as the company's president and CEO.
Ward Huntley, president of South Lubes, said, "Integrating with the Heartland Jiffy Lube system was a natural fit that benefits both companies and our employees while still providing a great Jiffy Lube experience to all customers."
South Lubes opened its first oil-change service center under the Texaco Xpress Lube banner in Jacksonville, Fla., in 1994 and allied itself with Jiffy Lube three years later when it had the opportunity to buy 62 Jiffy Lube locations in a series of three transactions.
