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Accelerated Brands Closes On $200 Million Secured Financing

Accelerated Brands Closes On $200 Million Secured Financing

10/26/23, 5:26 PM
Money raised
$200 million
Investors
Monarch Alternative Capital Lp
Accelerated Brands, one of the leading oil change and car wash platforms in the United States, is pleased to announce the closing of new financing totaling $200 million. Monarch Alternative Capital LP, a leading private credit firm with approximately $12.5 billion of assets under management, provided the secured bank loan facility to bolster the financial strength of the existing business, provide capital for near-term acquisitions, and aid in the future growth of the company.

Company Info

Company
Accelerated Brands