Announced
Financials
Tags
Private Equity
Private
car wash operator
Single Bidder
United States
Domestic
Auto Services
Acquisition
Majority
Friendly
Pending
Synopsis
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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