Accelerated Brands Closes On $200 Million Secured Financing

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.