Where we came from — and where we're headed
Our team is guided by a few key values: work hard, build each other up, and lead with an entrepreneurial mindset.
Paek Management Group is a private family office focused on the long-term stewardship of affiliated businesses, real estate interests, private investments, and philanthropic activities.
Our Story
Built from an owner-operator foundation.
Today, Paek Management Group serves as the central office for the Paek family’s business and investment activities. The firm brings an owner-operator perspective to a diversified portfolio, supporting affiliated companies and investments with a focus on stability, thoughtful growth, and enduring value creation.
The firm’s interests span multi-location operating businesses, automotive services, car wash operations, real estate, private investments, and other select opportunities. Across these areas, Paek Management Group seeks to build and support businesses with strong fundamentals, capable leadership, and durable customer and community relationships.
Our approach is practical and long-term. We believe enduring businesses are built through sound judgment, operational discipline, financial responsibility, and a commitment to continuous improvement. We value steady execution, trusted partnerships, and the kind of decision-making that compounds over time.
Paek Management Group is actively involved in the stewardship of its affiliated companies while remaining selective about new opportunities. The firm is particularly interested in businesses and partnerships where its operating background, capital base, and long-term orientation can help support responsible growth.
In addition to its business and investment activities, the Paek family is committed to philanthropy and to supporting organizations, communities, and initiatives that reflect its values. This commitment is part of the family’s broader view of stewardship, responsibility, and lasting impact.
Our founder
Richard Paek
Founded by Richard Paek, the firm reflects more than three decades of experience in entrepreneurship, operations, and investment. Richard built his foundation in the automotive services industry, developing a significant Jiffy Lube operating platform and later expanding into car wash operations and other private business interests. His approach has been shaped by hands-on operating experience, disciplined growth, strong teams, and a long-term view of business ownership.
Looking to the future.
As Paek Management Group continues to evolve, the firm remains guided by the same principles that have shaped its growth: integrity, discipline, humility, strong relationships, and a commitment to building for the long term.
For business inquiries, partnership opportunities, investment-related matters, or general information, please contact us.