Freeman Spogli Partners with WhiteWater Express Car Wash

December 23, 2021

Freeman Spogli & Co. has partnered with WhiteWater Express Car Wash, acquiring a stake in the Houston-based express car wash platform; terms were not disclosed. WhiteWater’s founders (Steve Mathis, Clayton Clark, Shane Wilson) and investor SkyKnight Capital will remain significant investors and the existing management team will continue to lead as the company pursues further multi-regional expansion and densification of markets.

Targets
WhiteWater Express Car Wash
Location
Texas, United States
Transaction Type
Buyout

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