Accelerated Brands
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Accelerated Brands - overview
Established
2022
Location
Winston-Salem, NC, US
Primary Industry
Retail
About
Founded in 2022 and based in North Carolina, US, Accelerated Brands, LLC operates as a car wash company. The company was formed by the acquisition of Strickland Brothers with Trademark Car Wash and Quick Shine Car Wash, and after the acquisition, the company reformed to become Accelerated Brands. The firm was founded by its CEO, Justin Strickland. In October 2023, Monarch Alternative Capital provided a USD 200 million secured loan facility to support the growth of Accelerated Brands.
Accelerated Brands offers consumer and commercial automotive services, including oil changes and car washes, to residential and commercial clients. The firm provides services through its brands: Strickland Brothers, an automobile repair firm that offers oil change, oil filter replacement, and preventative maintenance services; Trademark Car Wash, a car wash firm; and Quick Shine, a car wash firm. As of 2023, the company had more than 200 retail locations.
Primary Industry
Retail
Sub Industries
Facilities & Maintenance Services, Consumer Services, Automobile Repair
Website
www.acceleratedbrands.com
Total Amount Raised
Subscriber access only
Accelerated Brands - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private Debt | Completed | Accelerated Brands | - |
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