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

January 9, 2025

Argosy Private Equity acquired a controlling interest in Mr. Splash Car Wash, a 6-site express car wash chain in the Greater Madison, Wisconsin area, with two additional development sites planned by the end of 2025. Argosy will partner with co-owners Jeff Joos and Tony Ruiz (who will remain significant owners) to professionalize operations, pursue acquisitions and new site development, and grow membership-driven revenues.

Targets
Mr. Splash Car Wash
Sellers
Jeff Joos, Tony Ruiz
Location
Wisconsin, United States
Transaction Type
Buyout

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