AEA Investors Acquires Majority Position in Splash Car Wash from Palladin
April 25, 2025
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.
- Buyers
- AEA Investors (AEA Small Business Private Equity)
- Targets
- Splash Car Wash
- Sellers
- Palladin Consumer Retail Partners, LLC
- Industry
- Retail
- Location
- Connecticut, United States
- Transaction Type
- Buyout
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