Splash acquires Clean Co Car Wash; Receives approval for two new locations

MILFORD, Conn., July 21, 2022 /PRNewswire/ — Splash Car Wash, headquartered in Milford, Connecticutannounced today the acquisition of Clean Co Car Wash & Laundromat, an express site located in Montgomery, New York. This marks 52 years of Splashn/a location and 35e in New York State.

“We are so thrilled to have this site back in the Splash family,” added Glen Sheeleydevelopment director of Splash in the New York metro and Connecticut Regions. “Montgomery was an express wash that my dad, Wayne, and I developed and owned for 8 years, and we’re now excited to see the site grow under Splash ownership.” After closing, Splash intends to bring various improvements to the site, including the addition of payment terminals and self-service vacuum cleaners.

Splash also announced zoning approval for two new Express Wash locations – Milford, Connecticut and Henrietta, New York. This will bring the total number of new Splash washouts under construction or about to be built to 10, with over 15 more sites in various stages of zoning and approval. David Clements and Jeff ArnoldUpstate Splash Development Partners New York and the co-founders of the Classy chain Chassy, ​​handled Henrietta’s candidacy and will lead the development of the wash.

ABOUT SPLASH CAR WASH, INC.

Splash Car Wash was launched in 1981 by Marc Curtis and Chris Fisher with a single location in Greenwich, Connecticut. Since that time, Curtis & Fisher, with their experienced team and partners, have developed over 50 locations and currently operate car wash tunnels in Connecticut, Vermont, and New York. Many sites include retail operations, six sites provide oil change services, and one site has a laundromat.

Splash has been named “Best Carwash” by numerous publications over 40 times and has been recognized as “Top Workplace in Connecticutthis year by Hearst Publications. Four general managers employed by Splash have been recognized as “Most Valuable Carwasher” by Professional car wash and detailing magazine. Splash received the prestigious “Blue Chip Enterprise Award” from the United States Chamber of Commerce and was inducted into the Connecticut Business Hall of Fame.

ABOUT PALLADIN CONSUMER RETAIL PARTNERS (PCRP)

Palladin Consumer Retail Partners is a private equity firm with extensive experience investing in and building leading consumer brands. Founded in 1998, the company prides itself on working closely with management teams to create value through strategic and operational initiatives. Its executives have previously held CEO and other senior management positions in several wholesale, retail and financial services companies, and have invested in, financed or managed more than 100 public and private companies. Palladin partnered with Splash in 2018. Other current and former investments include Tailwind Hospitality, Leapfrog Brands, Decowraps, PB Metro, KT Tape, Nic + Zoe, InMotion Entertainment, J. McLaughlin, Things Remembered, Restoration Hardware, Spencer Gifts, Jamba Juice, Worldlynx, Multi-Flow and Kwik-Tek.

CONTACT:

Marc Curtis
[email protected]
203-324-5400 ext. 7011

Patricia Donnelly
[email protected]
617-585-3800

SOURCE Palladin Consumer Retail Partners, LLC

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