SCOTTSDALE, Ariz. — Amplify Car Wash Advisors, a national mergers and acquisitions and capital advisory firm, announced the launch of a new vertical, Amplify Ventures, in a press release.
Amplify Ventures will bring cutting edge, innovative solutions to the carwash industry.
Formed with the deliberate mission to be advocates for carwash owners and operators, Amplify Ventures has partnered with Retention Express, a customer experience management system tailored specifically for the carwash industry.
“Over the last five years, we’ve seen a major boom in technology and innovation,” said Chris Jenks, chief operating officer of Amplify Car Wash Advisors. “With such explosive growth in the carwash industry, there is no reason why carwashing shouldn’t be at the forefront of utilizing such innovations. Through our partnership with Retention Express, we can help carwash owners improve operational efficiencies and maximize overall performance.”
Based in Atlanta, Georgia, Retention Express offers a premium white-labeled, outsourced solution for membership-driven carwash operators to deliver positive customer experiences while reducing churn.
Retention Express combines the advantages of live support agents with intuitive automation to help owners close the loop with their members and customers across all customer touchpoints including phone, two-way live chat, monthly plan processing and more.
“We are excited to partner with Amplify Ventures because we are aligned in our views and our mission of helping carwash owners and operators create greater value in their business,” said Bobby Thomson, founder of Retention Express. “Through this partnership, we will be able to scale operations faster and expand our services, including reputation and review management, as well as help in revenue recovery of failed credit card payments. Membership churn can be a massive problem, and we are here to partner with owners to tackle it, use the data captured for actionable insights and allow their on-site employees to focus on their primary roles.”
Amplify Ventures will continue to seek additional strategic partnerships with emerging technology companies that can provide innovative solutions to operational inefficiencies.
“When Bill [Martin] and I started Amplify Car Wash Advisors a few years ago, it was because we recognized a need for carwash owners to have more guidance when it came time to sell their business, take on a partner or raise capital to grow,” said Jeff Pavone, partner at Amplify Car Wash Advisors. “Now, we are expanding our firm’s services by partnering with leading companies who can offer carwash owners more resources and tools to further maximize the value of their business today that will continue to benefit them in the future.”