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Golden Gate Capital, a private equity investment firm, and Tidal Wave Auto Spa Founder and CEO Scott Blackstock announced the recapitalization of Tidal Wave, one of the largest and fastest growing conveyor car wash systems in the United States. SAN FRANCISCO, Ca. “Thanks to our talented and dedicated team members and joint-venture partners, Tidal Wave has grown, rapidly over the past two decades, establishing itself as an industry leader. “Golden Gate Capital is aligned with our long-term vision of continuing to redefine the carwash industry, and we are confident they are the perfect partner for the next leg of our journey. We never heard any cars with booming loud music. merge_type Majority Acquisition Consumer. Golden Gate Capital has recapitalized Tidal Wave Auto Spa, with PE Hub reporting the deal is worth some $950 million.Based in Georgia, Tidal Wave operates more than 60 car wash locations across the US Southeast and Midwest. SONNY’s Carwash College™ Tip of the Month, Mark VII Virtual Carwash Convention lineup announced, Woman washes out red hair dye at carwash in viral video, Market Focus: Magnolia Wash Holdings makes acquisition, Newsmakers 17: Tidal Wave Auto Spa partners with Golden Gate Capital, Newsmakers 16: ModWash expands to Hanover and other updates, 5 alternative ways to market your new business, Golden Gate Capital partners with Tidal Wave Auto Spa. 1. Analytics & Behavioral Science Consulting (R&G Insights Lab) Tidal Wave Auto Spa (“Tidal Wave”) is one of the largest and fastest growing car wash operators in the United States. Blackstock will continue to lead the company as CEO and will remain a significant shareholder. Tunnel Shots with music Pace . Golden Gate recapitalises Tidal Wave Auto Spa in $950m deal. Golden Gate Capital’s recapitalization of Tidal Wave Auto Spa, a rapidly growing car-wash chain, commanded an enterprise value of approximately $950 million, a … View All Practices. Tidal Wave Auto Spa Founder & CEO Scott Blackstock and Golden Gate Capital, a leading private equity investment firm, today announced the recapitalization of Tidal Wave, one of the largest and fastest growing premium conveyor car wash systems in the nation. and THOMASTON, Ga. — Golden Gate Capital, a leading private equity investment firm, and Tidal Wave Auto Spa Founder and CEO Scott Blackstock have announced the recapitalization of Tidal Wave, one of the largest and fastest growing premium conveyor carwash chains in the U.S., according to a press release. Practices . 1 review of Tidal Wave Auto Spa "This place is AWESOME!!! Today only we are offering our Veterans $9.99 for the first month of membership to our Unlimited Wash Club. Before we became customers we would sit in our car and watch the activity at the car wash while eating lunch with our grandbabies at the Dairy Queen next door. Update your card information or cancel your service. Founded in 1999, Tidal Wave’s current footprint consists of over 60 locations across 11 states in the Southeast and the Midwest, and its unit count has grown 50% annually since 2017, the release added. Hello, friend! Read Our Story Tidal Wave Auto Spa’s wave of success began in 1999 at its headquarters in Thomaston, GA. Blackstock will continue to lead the company as CEO and will remain a significant shareholder. https://www.petrolplaza.com/news/26315 Thu, 31 Dec 2020 18:15:44 +0100 Industry news https://www.petrolplaza.com/news/26315 Has your carwash been able to stay open during the coronavirus crisis? Approaching the Golden Gate at 55 mph, the wave would first hit the outlying areas of Point Reyes National Seashore and Montara. Terms of the transaction were not disclosed. Tidal Wave Auto Spa’s wave of success began in 1999 at its headquarters in Thomaston, GA. We look forward to working together to accelerate the c, ompany’s trajectory through organic growth at existing sites, aggressive new unit expansion and an. SAN FRANCISCO & THOMASTON, Ga.–(BUSINESS WIRE)–Golden Gate Capital, a leading private equity investment firm, and Tidal Wave Auto Spa Founder and CEO, Scott Blackstock, today announced the recapitalization of Tidal Wave, one of the largest and fastest growing premium conveyor car wash systems in the U.S. Mr. Blackstock will continue to lead the Company as CEO and will remain a … Learn More. The private equity firm plans to accelerate growth at the car wash chain. Terms of the transaction were not disclosed. Submit Deal. Golden Gate Capital Partners With Founder and CEO Scott Blackstock on Recapitalization of Tidal Wave Auto Spa and THOMASTON, Ga. — Golden Gate Capital will provide development resources to further Tidal Wave’s expansion. Videos. SAN FRANCISCO & THOMASTON, Ga.– (BUSINESS WIRE)–Golden Gate Capital, a leading private equity investment firm, and Tidal Wave Auto Spa Founder and CEO, Scott Blackstock, today announced the recapitalization of Tidal Wave, one of the largest and fastest growing premium conveyor car wash systems in the U.S. Mr. Blackstock will continue to lead the Company as … . The company will continue to be headquartered in Thomaston, Ga. Thank you for your service! NepFin DealWatch. BlackArch Partners Advises AEA Investors on the sale of National Carwash Solutions. Tidal Wave’s multi-unit platform, significant real estate development opportunities and data-centric customer approach aligns with Golden Gate’s core consumer capabilities.”, Neale Attenborough, operating partner at Golden Gate Capital, added, “We have tremendous respect for Scott and the amazing and innovative Tidal Wave management team, who have consistently delivered outstanding quality and growth. Tidal Wave Auto Spa is a convenient, superior express car wash, friendly customer service, and free vacuums. Golden Gate Capital Partners With Founder and CEO Scott Blackstock on Recapitalization of Tidal Wave Auto Spa. 3 reviews on. Tidal Wave Auto Spa acquired by Golden Gate Capital. Mr. Blackstock will continue to lead the Company as CEO and will remain a significant shareholder. Tidal Wave Auto Spa would like to take a moment to thank and honor the veterans of this great nation. Troutman Pepper Hamilton Sanders LLP served as legal advisor and J.P. Morgan Securities LLC served as, 350 N. Orleans St., Suite 9000N Chicago, IL 60654 USA, Water Use in the Professional Car Wash Industry Study, Join the International Carwash Association, Attend the world's largest car wash convention, Read the premier publication for car wash professionals. To the latest Professional Carwashing & Detailing SAN FRANCISCO & Thomaston, Ga this hard honor! 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