PC&D Unscripted 12: Private equity changing the carwash landscape - Professional Carwashing & Detailing

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PC&D Unscripted 12: Private equity changing the carwash landscape

Harry Caruso of Car Wash Advisory discusses why carwashes are so attractive to private equity and the realities of entering the marketplace.

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By PCD Staff

The newest PC&D Unscripted video interview features Associate Publisher – Editorial Rich DiPaolo and Harry Caruso of Car Wash Advisory discussing what makes carwashes so attractive to institutional investors right now and the realities of entering the marketplace.

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For instance, Caruso reaffirms his earlier stance that yes, it is still worth it for investors to enter the industry as a new operator, despite the rise of larger investor ownership.

Related: Understanding private equity

Be sure to subscribe to our YouTube channel to catch all the latest videos, including interviews in our new PC&D Unscripted series.

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John Roush shares his perspective on what operational excellence means to his business and the current state of the carwash market.

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By Rich DiPaolo

In this episode of Wash Talk: The Carwash Podcast, host Rich DiPaolo welcomes John Roush, CEO of Express Wash Concepts (EWC). The discussion focuses on EWC's recent securing of a $150 million incremental credit facility, led by MidCap Financial, and how these funds will be used.

They delve into the challenges of obtaining financing in the current economic and industry climate and explore whether there's optimism for the near future. Express Wash Concepts' simultaneous focus on growth and operational excellence is also a key topic, with Roush sharing his perspective on what operational excellence means to his business.

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