Imperial Capital's GO Car Wash announces growth investment

Imperial Capital’s GO Car Wash announces growth investment

TORONTO — The growth capital will be used to continue to expand GO's footprint, scaling its operations in existing and new markets.

TORONTO — Imperial Capital announced in a press release that its express carwash platform GO Car Wash has received a significant growth investment from a privately held investment firm specializing in partnering with exceptional brands and sector leaders at the forefront of innovation and evolution.

The growth capital will be used to continue to expand GO’s footprint, scaling its operations in existing and new markets.

Terms of the transaction were not disclosed.

“Through our partnership with Imperial, we have pursued our strategy to build density in target markets. We are proud to be one of the fastest growing single-branded, fully integrated ca wash platforms,” said Bill Derwin, CEO of GO. “We will continue to do what GO does best — deliver exceptional service and value for our customers, while enriching the lives of our teammates and communities for decades to come.”

Chris Harris, partner at Imperial, added, “We are thrilled to have finalized this growth investment, as we celebrate the outstanding accomplishments GO and the management team have achieved in the sector. This partnership reflects our continued commitment in identifying and backing industry-leading management teams and building high-quality businesses.”

“We are excited to continue the journey throughout the next chapter, aligned with GO’s long-term vision of building the world’s most admired carwash company,” said Josh Kochen, principal at Imperial.

GO currently operates 142 express carwash locations nationwide, all under the GO Car Wash banner.

Through the platform’s disciplined market leadership and density building strategy, GO continues to increase the value proposition for its members while driving significant network uplift by offering convenient, consistent and exceptional carwash experiences. 

You May Also Like

Sud Stop opens new Florida location

ORLANDO, Fla. — Sud Stop Car Wash’s Founders Club members can save up to $90 on unlimited carwash plans, including the SignatureSud plan.

sud-stop-feature

ORLANDO — According to a press release, Sud Stop Car Wash celebrated the opening of Pembroke Park, Florida, on June 27 by offering guests two months free on an unlimited wash plan, a savings worth up to $90.

The express carwash, at 3301 W. Hallandale Beach Blvd., a high-visibility location just east of Interstate 95, features a rapid wash tunnel, members-only entrance and free amenities for all guests.

Flagstop Car Wash hires new COO

RICHMOND, Va. — Flagstop Car Wash was recently Named “2024 Best Car Wash of Central Virginia” by Virginia Living magazine.

Whistle Express Car Wash expands presence across the Carolinas

CHARLOTTE, N.C. — Fifteen new locations will join the fast-growing carwash chain, offering customers elevated experience and value.

Tint World expands Texas footprint with East Houston location

HOUSTON — The National Automotive Styling Centers™ franchise announces the opening of its 25th store in the state.

tint-world-east-houston
Sud Stop Car Wash opens second Alabama location

ORLANDO, Fla. — Sud Stop Car Wash is offering $90 in savings for Founders Club members with two months free on its SignatureSud wash.

sud-stop-feature
Other Posts
WhiteWater Express Car Wash to acquire Spout Car Wash

HOUSTON — This strategic acquisition facilitated by Echo West Capital Advisors enhances WhiteWater’s existing footprint in the Houston market.

whitewater-acquires-spout-locations
Soapy Joe’s Car Wash launches Build a Ballpark promotion

SAN DIEGO — Through Sept. 30, Wash Club members can visit, collect and win, all to celebrate Magic Graphene.

soapy-joes-build-a-ballpark
ZIPS Car Wash Louisville re-grand opening celebration

LOUISVILLE, Ky. — The celebration featured Folds of Honor Scholarship recipients, part of ZIPS partnership with the organization.

zips-grand-re-opening
Mammoth Holdings opens Silverstar Car Wash in Illinois

DALLAS — Mammoth Holdings is expanding its multi-brand portfolio to 142 locations by opening this new Silverstar Car Wash location.

25th Mammoth location under the Silverstar Car Wash brand.