Firmament Makes Strategic Investment in Sparkle Express Car Wash Group
April 16, 2024
Firmament has made a strategic/growth investment in Sparkle Express Car Wash Group, a Chicago-headquartered membership-based express car wash platform formed from 19 unit acquisitions across Georgia, South Carolina and Illinois. The capital will be used to optimize operations, support continued expansion in existing markets and enter new adjacent geographies while leveraging Firmament's network and deal-sourcing capabilities.
- Buyers
- Firmament
- Targets
- Sparkle Express Car Wash Group
- Industry
- Automotive
- Location
- Illinois, United States
- Transaction Type
- Growth capital
Explore More
Related Acquisitions
-
Firmament Recapitalizes Whitecap Waste Holdings
August 20, 2024
Environmental Services
The Firmament Group has recapitalized Whitecap Waste Holdings, LLC, a West Virginia-based solid waste collection and disposal company founded in 2019. The transaction represents a recapitalization/ownership transition involving prior investors (including Mollitiam Holdings and Whitecap Enterprises) and positions Firmament to support the company’s regional waste collection and disposal operations under existing management.
-
Firmament Makes Majority Investment in Navitrans
January 16, 2024
Logistics & Distribution
Firmament has made a majority investment in Navitrans, the Kortrijk, Belgium-based provider of transportation and warehouse management software, with Valsoft remaining as a minority shareholder and Navitrans management remaining in place. The capital will support product development, management initiatives and strategic acquisitions as Navitrans expands its presence across European logistics service providers.
-
Firmament Recapitalizes Whitecap Waste
May 14, 2024
Environmental Services
Firmament (through funds it manages) completed a recapitalization of Whitecap Waste, a regional solid waste collection company serving over 30,000 customers in southern West Virginia. The seller was Mollitiam Holdings; Whitecap Waste President Michael Schmidt will remain in his role and Firmament said the investment will support growth, operational capability expansion, and entry into new geographies.
-
The Firmament Group, McLean Family Farms and Sweat Equities Invest in Citrus Extracts
May 19, 2020
Food & Beverage
The Firmament Group, alongside McLean Family Farms and Sweat Equities, made an investment in Citrus Extracts, LLC to support the Fort Pierce, Florida-based producer of dehydrated citrus peel and citrus fiber. The capital will support expansion of product lines and sales into food & beverage, plant-based alternatives, bakery and cosmetic ingredient markets.
-
Firmament Invests in Matador Gas
October 18, 2023
Energy
Firmament, a structured equity investor, has made a strategic growth investment in Matador Gas, a retail propane distributor and standby generator service provider. The capital will support Matador's expansion plans, technology investments and service capability enhancements as the company grows its footprint around Houston and adjacent markets.
-
Mister Car Wash Acquires Clean Streak Ventures from MKH Capital Partners
December 21, 2021
Consumer Products
Mister Car Wash, Inc. acquired Clean Streak Ventures LLC — an Orlando-headquartered express car wash platform operating under the Clean Machine and Top Dog Express brands — from MKH Capital Partners for $390 million. The deal adds 23 operating and 10 development locations (33 total) to Mister's Florida footprint and expands its recurring subscription member base in the state.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.