Golden Gate Capital and Scott Blackstock completed the acquisition of a minority stake in Tidal Wave Auto Spa.

Golden Gate Capital, a private equity firm, and Scott Blackstock, the CEO of Tidal Wave, completed the acquisition of a minority stake in Tidal Wave Auto Spa, a premium conveyor car wash services provider. Financial terms were not disclosed. "We have tremendous respect for Scott and the amazing and innovative Tidal Wave management team, who have consistently delivered outstanding quality and growth. We look forward to working together to accelerate the Company’s trajectory through organic growth at existing sites, aggressive new unit expansion and an enhanced acquisition program," Neale Attenborough, Golden Gate Capital Operating Partner.