Argosy Private Equity Acquires Controlling Interest in Mr. Splash Car Wash

Splash Car Wash Acquires Wash Boss

June 10, 2022

Automotive

Splash Car Wash, a Palladin-backed operator headquartered in Milford, Connecticut, has acquired Wash Boss, an express car wash in Rensselaer, New York. The deal marks Splash's 33rd New York location and its first entry into the Albany market; Wash Boss was developed and operated by Jim, Kim and Peter Enzien.

Splash Car Wash (AEA Investors-backed) Acquires Two Auto Wash Car Wash Sites in New York

August 12, 2025

Automotive

Splash Car Wash, backed by AEA Investors, acquired two Auto Wash Car Wash locations in Geneva and Batavia, New York on August 12, 2025. The sites will be converted to the Splash Express brand with upgrades; Car Wash Advisory served as exclusive sell-side advisor.

AEA Investors Acquires Majority Position in Splash Car Wash from Palladin

April 25, 2025

Retail

Funds affiliated with AEA Investors' Small Business Private Equity strategy acquired a majority stake in Splash Car Wash from Palladin Consumer Retail Partners. Splash, a Milford, Connecticut–based car wash operator with more than 65 locations across the Northeast, will be led by newly appointed CEO Dan Petrelle as it pursues accelerated growth through strategic acquisitions and new site openings; terms were not disclosed.

Splash Car Wash Acquires Personal Touch Carwash (Long Island)

May 23, 2022

Automotive

Splash Car Wash, a Palladin-backed operator based in Milford, Connecticut, acquired the three-location Personal Touch Carwash chain in Long Island, New York, bringing Splash's total site count to 50 across the Northeast. The founders of Personal Touch — Paul Vallario, Mike Pernicone, and Nick Iorio — will join Splash's regional development team to lead expansion in Long Island.

Argosy Private Equity Acquires Controlling Interest in Barco Products

August 8, 2023

Building Products

Argosy Private Equity acquired a controlling interest in Barco Products, a Batavia, Illinois-based designer, manufacturer and distributor of commercial outdoor site furnishings and traffic safety products. Argosy plans to execute its Value Acceleration Methodology to drive geographic expansion, evaluate add-on acquisitions, and coordinate sales and marketing initiatives to grow the business.

Incline Equity Partners Acquires Mr. Magic Car Wash

January 19, 2022

Retail

Incline Equity Partners acquired Mr. Magic Car Wash, a Pennsylvania-based, family-owned car wash chain operating five locations in the Pittsburgh market, from the Tiano family. Car Wash Advisory served as the sell-side advisor; Incline said it will use the acquisition to launch and scale an express car wash platform under the Mr. Magic brand.