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New Deal


Announced

TSG Consumer Partners to acquire Super Star Car Wash.

Financials

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

Tags

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Private Equity

Private

car wash operator

Single Bidder

United States

Domestic

Auto Services

Acquisition

Majority

Friendly

Pending

Synopsis

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TSG Consumer Partners, a private equity firm, agreed to acquire Super Star Car Wash, a family-owned car wash operator. Financial terms were not disclosed. "TSG has invested in and helped build countless iconic consumer brands, and we are excited for their support as we continue to grow our business. Importantly, the firm is a strong cultural fit – they understand and value the significance of our decades-long dedication toward our employees, customers and local communities. Their meaningful marketing expertise, consumer understanding, and significant experience with membership models makes them the perfect partner as we enter new markets and continue to innovate for our customers," Reza Amirrezvani, Super Star Car Wash Founder and President.

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