ACON Investments Acquires Fleetwash from DFW Capital Partners

DFW Capital Partners Acquires Kept Companies from ACON Investments

April 3, 2025

Industrial Services

Affiliates of DFW Capital Partners have acquired Kept Companies, a nationwide provider of mobile power washing, specialty cleaning and facilities maintenance, from ACON Investments. Terms were not disclosed; Kept is headquartered in Fairfield, New Jersey and operates more than 130 locations offering recurring maintenance services across commercial, industrial, transportation and government end markets.

DFW Capital Partners Invests in Kept Companies

May 4, 2023

Environmental Services

DFW Capital Partners has completed an investment in Kept Companies, the leading U.S. provider of mobile power washing, specialty cleaning, and facility maintenance services. The transaction provides partial liquidity to existing investors (including affiliates of ACON Investments, which will retain a significant stake) and supplies capital to support Kept's organic growth, tuck-in acquisition strategy and greenfield expansion.

D&S Car Wash Supply Acquires D&S Car Wash Systems

June 2, 2022

Manufacturing

D&S Car Wash Supply, a portfolio company of Lometa Capital Partners, has acquired D&S Car Wash Systems. The acquired distributor will form the nucleus of D&S's new Field Sales & Service division to expand equipment sales, installation, maintenance, chemical supply and equipment refurbishment and to strengthen geographic coverage in the St. Louis MSA and surrounding areas.

Access Holdings' CWON Partners with Flagship Car Wash Center

August 12, 2021

Automotive

Car Wash Owners Network (CWON), a platform backed by Baltimore-based Access Holdings, has completed an investment in Flagship Car Wash Center, a leading car wash operator in the Washington DC–Maryland–Northern Virginia (DMV) region. The partnership will keep Flagship's management in place and accelerate expansion — targeting 50+ locations via de novo development and M&A while introducing membership programs and other best-practices from CWON.

FLEETWASH Acquires Krystal Klean

March 16, 2021

Environmental Services

FLEETWASH has completed the acquisition of Krystal Klean, a Jacksonville-based building care company serving the Southeastern United States. Krystal Klean's founders Jeremy and Anthony Morgan will remain with FLEETWASH to oversee Southeast operations and join its merger & acquisition team as the business leverages Fleetwash's national platform and resources.

Mammoth Holdings Acquires Finish Line Car Wash

May 13, 2019

Automotive

Atlanta-based Mammoth Holdings LLC acquired FLCW, LLC d/b/a Finish Line Car Wash, an eight-unit express conveyor carwash operator headquartered in Paducah, Kentucky. Finish Line founders Nancy Bergfield and Chris Presswood rolled a significant portion of their proceeds into Mammoth and will take ongoing roles; equity for the deal was provided by Red Dog Equity (in partnership with Tom Pritzker family interests/advised by The Pritzker Organization) and debt financing was provided by Monroe Capital.