.
MergerLinks Header Logo

New Deal


Announced

Atlantic Street Capital to invest in Zips Express Wash.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Single Bidder

Private Equity

Pending

United States

Consumer Services: Other

Private

Acquisition

Minority

car wash

Friendly

Synopsis

Edit

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.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US