Prairie Capital VII Recapitalizes Sgt. Clean Car Wash

Jax Kar Wash Acquires Clean View Auto Wash

October 7, 2024

Automotive

Jax Kar Wash, Michigan’s largest car wash operator and a TRP Capital Partners-backed platform, has acquired Clean View Auto Wash, a five-location car wash operator based in Chesterfield, Michigan. The transaction serves as an add-on to Jax’s regional platform to expand its Michigan footprint and consolidate market share; Car Wash Advisory acted as exclusive sell-side advisor.

Imperial Capital-backed GO Car Wash Receives Growth Investment

December 12, 2023

Retail

Imperial Capital’s express car wash platform, GO Car Wash, has received a growth investment from an unnamed privately-held investment firm. The capital will be used to expand GO’s footprint and scale operations across existing and new U.S. markets; GO currently operates 142 express car wash locations nationwide.

Mister Car Wash Acquires Clean Streak Ventures for $390 Million

December 21, 2021

Transportation

Mister Car Wash, Inc. agreed to acquire Clean Streak Ventures LLC, an express car wash platform backed by MKH Capital Partners, for approximately $390 million. The deal includes 23 operating locations, 10 development locations, and the underlying real estate across 33 locations in Florida, expanding Mister’s footprint to 65 locations in the state.

Peterson Partners Backs WashU Car Wash

December 2, 2021

Automotive

Peterson Partners (referred to in some reports as Peterson Private Equity) has invested in WashU, a Chicago-area car wash operator headquartered in Plainfield, Illinois. The capital will fund WashU’s expansion into new markets and the development and acquisition of additional express car wash locations while the existing management team remains in place.

AEA Investors Recapitalizes National Carwash Solutions

January 5, 2021

Automotive

AEA Investors’ Small Business Fund has recapitalized National Carwash Solutions (NCS), a leading service and systems provider to the North American car wash industry. The transaction provides liquidity to former sponsor Trivest Partners and positions NCS to pursue its growth plan with backing from AEA.

Berkshire Partners Recapitalizes National Carwash Solutions

January 5, 2021

Industrial Services

National Carwash Solutions (NCS), a Grimes, Iowa-based provider of car wash equipment, cleaning fluids, parts and field services, has completed a recapitalization with Berkshire Partners. Berkshire Partners acquired its position from AEA Investors' Small Business Fund (AEA SBF); terms were not disclosed and the transaction is intended to support NCS's next phase of growth.