MKH Capital Partners, a family-backed, Miami-based private equity firm, announced today the successful closing of the sale of its express car wash platform Clean Streak Ventures LLC (“Clean Streak” or the “Company”), to Mister Car Wash, Inc. (“Mister”) for $390 million. Clean Streak owns 23 operating and 10 development locations.
“MKH and I had a shared vision that success in the car wash industry is driven by delivering the best consumer service experience and high-quality washes. MKH invested significant capital into our locations and provided the appropriate level of support we needed to deliver on that promise to our customers,” said Greg Ries, President of Clean Streak Ventures.
The acquisition of Clean Streak expands Mister’s footprint in Florida to 65 locations and provides even more options for customers to access Mister’s services throughout the state.
Read more/Source: Yahoo Finance
