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Summit Wash Holdings Receives $200M+ in Debt Financing to Expand Operations

May 13, 2024about 1 year ago

Amount Raised

$200 Million

Palm Beach GardensRetailAutomotive

Description

Summit Wash Holdings, a Palm Beach Gardens, FL- and Norwalk, CT-based membership-focused car wash group, received $200M+ in debt financing to continue expansion in Central Florida, Connecticut, and New Jersey, with plans to surpass 100 locations by mid-2025.

Company Information

Company

Summit Wash Holdings

Location

Palm Beach Gardens, Florida, United States

About

Summit Wash Holdings is the owner and operator of a rapidly expanding network of express car washes located in the Northeast, Midwest and Southeast regions. The company operates under two renowned brands, Russell Speeder’s and Waters Car Wash, both dedicated to providing customers with exceptional car wash experiences.

FundzWatch™ Score

70
Medium Activity

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