AEA Investors acquires majority stake in Splash Car Wash
04/25/25, 1:14 PM
Location
Industry
financial services
angel investment
automotive
Splash Car Wash has announced that AEA Investors has acquired a majority position from Palladin Consumer Retail Partners. This strategic investment aims to support Splash's growth and expansion in the car wash market. With Dan Petrelle stepping in as CEO, the partnership plans to drive further development through acquisitions and new locations.
Company Info
Location
520 madison ave
New York, New York, United States
Company info
AEA Investors LP was founded in 1968 by the Rockefeller, Mellon and Harriman family interests and S.G. Warburg & Co. as a private investment vehicle for a select group of industrial family offices with substantial assets. AEA has an extraordinary global network built over many years which includes leading industrial families, business executives and leaders; many of whom invest with AEA as active individual investors and/or join its portfolio company boards or act in other advisory roles. Today, AEA's approximately 100 investment professionals operate globally with offices in New York, Stamford, San Francisco, London, Munich and Shanghai. The firm manages funds that have approximately $17 billion of invested and committed capital including the leveraged buyouts of middle market companies and small business companies, growth capital and mezzanine and senior debt investments.