the Coughlin Family sold the majority position in JEGS Automotive, to the private equity firm Greenbriar Equity.

JEGS has been sold to the private equity firm Greenbriar Equity. JEGS was founded by Jeg Coughlin Sr. in Columbus, Ohio in 1960 as a small speed shop and until this sale has remained family-owned. From a single-speed shop, JEGS has grown to one of the largest performance automotive retailers in the world, selling roughly $250 million dollars in parts annually. 

 Greenbriar acquired a majority position in JEGS Automotive, the Coughlin Family will retain a minority ownership position alongside Greenbriar. 

https://www.thegentlemanracer.com/2022/02/jegs-automotive-sold-to-private-equity.html