Freeman Spogli completed the acquisition of a minority stake in SkyKnight Capital-backed WhiteWater Express Car Wash.

Freeman Spogli, a private equity firm, completed the acquisition of a minority stake in SkyKnight Capital-backed WhiteWater Express Car Wash, a car wash operator. Financial terms were not disclosed. "We are excited to partner with Freeman Spogli as WhiteWater continues to execute on its multi-pronged, multi-regional growth strategy. Freeman Spogli's extensive experience in successfully building consumer brands and scaling multi-unit businesses will bolster our strategy to densify existing markets while pursuing thoughtful new market expansion," Steve Mathis, WhiteWater Express Co-Founder and CEO.