Private equity firm acquires Splash Car Wash - Professional Carwashing & Detailing

Private equity firm acquires Splash Car Wash

GREENWICH, Conn. — The acquisition is part of Splash’s growth strategy.

GREENWICH, Conn. — According to, Palladin Consumer Retail Partners has acquired Splash Car Wash, which is based in Greenwich and has 18 locations in Connecticut and New York.

Splash Car Wash offers a full bevy of services, including full service, hand, express and self-serve washing as well as quick lube services, the article continued.

Palladin, founded in 1998, has helped to build numerous consumer and retail platforms, the article noted.

The portfolio team, led by Managing Director Anders Petersen and CEO Mark Schwartz, will work to expand Splash’s presence, the article added.

“We have spent over a year researching the carwash industry and identified Splash as a leading regional carwash operator and the perfect anchor acquisition,” said Petersen.

“Being able to work with them marks a critical next step in our growth strategy. Their expertise, support and leadership will provide creative insights and operational improvements that will be instrumental in becoming a major regional and national platform,” said Mark Curtis, CEO of Splash.

Goldman Sachs Specialty Lending Group provided debt financing for the transaction, the article concluded.

You May Also Like

Express Wash Concepts appoints chief development officer

COLUMBUS, Ohio — Van Bremen brings more than 20 years of experience leading high-performance teams and developing data-driven strategies across multiple industries.

COLUMBUS, Ohio — Express Wash Concepts (EWC) announced in a press release the appointment of Craig Van Bremen as the company’s chief development officer (CDO).

For the past five years, Van Bremen served as vice president of development and acquisitions for Green Clean Express Auto Wash, the company’s Virginia and North Carolina-based express tunnel carwash brand.

WhiteWater Express acquires Bubble King Car Wash

HOUSTON — Bubble King will be rebranded under the WhiteWater Express banner and offer WhiteWater’s signature services.

Access Holdings’ Spotless Brands announces $600 million growth capital raise

BALTIMORE — The strategic growth capital investment will support the execution of Spotless Brands’ expansion strategy.

Kleen-Rite acquires vending machine manufacturer Laurel Metal Products

COLUMBIA, Pa. — The move will streamline the process of building and stocking Laurel products.

M&A, mergers, acquisitions
Turbo Tint’s Greg Goodman named IFA Franchisee of the Year

ORLAND PARK, Ill. — Goodman has been a franchise owner in the Moran Family of Brands system for more than 25 years.

Other Posts

Matthews closes four-property express carwash portfolio in Iowa

NASHVILLE, Tenn. — The Shine Shop Car Wash Portfolio was acquired by Rocket Car Wash, a national chain looking to expand.

Magnolia Wash Holdings opens new Whistle Express Car Wash

CANTON, Ga. — The express carwash operator adds to its portfolio of washes in Georgia, bringing its total to 12 locations.

PayRange launches #IHEARTPAYRANGE contest

PORTLAND, Ore. — One grand-prize winner will receive free purchases for a year; nine additional winners will receive free purchases for a month.

Flying Ace’s 14th grand opening raises record amount for food pantry

MASON, Ohio — During the grand opening, Flying Ace offered a free signature carwash to every customer in exchange for a monetary donation to Mason Food Pantry.