Riptide Auto Wash's three locations
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Riptide Auto Wash's three locations - overview
Location
-, TX, US
Primary Industry
Consumer Services
About
Based in the US, Riptide Auto Wash's three locations operate conveyor car wash facilities. The business was founded by Justin Cummings, and in 2021, Imperial Capital Group acquired Riptide Auto Wash's three locations in Corpus Christi, Texas. Riptide Auto Wash's three locations provide express car wash services for its customers across Corpus Christi. Instead of traditional car wash platforms, the business uses a conveyor belt platform for automated washing and provides monthly car wash packages on a subscription basis.
Current Investors
Imperial Capital Group
Primary Industry
Consumer Services
Sub Industries
Consumer Services
Company Stage
Mature - Buyout
Total Amount Raised
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Riptide Auto Wash's three locations - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Riptide Auto Wash's three locations | - |
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