USAA big car wash shakeup in Michigan, where Zax Auto Wash has just been sold to Michigan Wash Co, a company formed by Ammori Equity Partners (AEP). Zax runs 19 car washes in Metro Detroit....Read more
El Car Wash has recently been acquired by Warburg Pincus. By doing this, the private equity firm purchased one of the largest express car wash operators in South Florida.Read more
Buyout firms and private equity investors have discovered there is money to be made in car washing. The subscription model has changed everything.Read more