Announced
Completed
Financials
Tags
Friendly
Majority
Single Bidder
Consumer Services: Other
car wash
United States
Private
Acquisition
Domestic
Private Equity
Completed
Synopsis
Atlantic Street Capital, a private equity firm that invests in lower middle market companies to unlock equity value through an operationally intensive investment approach, invested in Zips Car Wash, a national car wash operator with over 200 locations under a single-brand concept. Financial terms were not disclosed. "We approach all of our investments as essential service providers. helping professionalize companies, driving organic growth, and building them into industry leaders. Zips is a powerful example of how the combined resources of Atlantic Street's investment team and 30-strong dedicated operating advisor team gives us a sustainable advantage in driving remarkable success – in this case outpacing our underwriting case in just two years," Andy Wilkins, ASC Managing Partner.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.