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Announced

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AEA Investors completed the acquisition of a majority stake in Splash Car Wash from Palladin Consumer Retail Partners.

Synopsis

AEA Investors, a private investment vehicle, completed the acquisition of a majority stake in Splash Car Wash, a car wash operator, from Palladin Consumer Retail Partners, a private investment firm. Financial terms were not disclosed. "Splash is a premier player in a fragmented market and space we know well, and we are excited by the Company's robust prospects for growth. We are thrilled to join forces with Dan, Mark, and the entire Splash team, and we look forward to working in partnership with them as they execute on their mission to strategically expand and set new industry standards for quality service," Dan Schorr, AEA Partner SBPE team.

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