Announced
Financials
Tags
Single Bidder
Private Equity
Pending
United States
Consumer Services: Other
Private
Acquisition
Minority
car wash
Friendly
Synopsis
Atlantic Street Capital, a private equity firm targeting entrepreneurial businesses, agreed to invest in Zips Express Wash, a car wash company. Financial terms were not disclosed. "We couldn’t be more excited to partner with Atlantic Street's investment and operations teams. Atlantic Street has considerable experience growing multi-unit, subscription-based retail platforms and driving well-run consolidations. This strategic capital will allow us to attract and retain the best talent in the industry, as well as offer leading express car wash operators a chance to be part of the Zips family," Brett Overman, Zips Express Wash Founder and CEO.
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