Amplify Serves as Exclusive Financial Advisor to Bold Wash in Summit Wash Holdings Acquisition
SCOTTSDALE, Ariz. – Amplify Capital Group, a full-service advisory firm specializing in mergers and acquisitions, capital advisory, and commercial brokerage services, served as the exclusive financial advisor to Bold Wash in connection with the acquisition of sites in Danbury, Willimantic and Manchester, Connecticut by Summit Wash Holdings.
“We are thrilled to strengthen our presence in Connecticut with the acquisition of these strategic locations,” said Reed Taylor, SVP of M&A & Transformation at Summit Wash Holdings. “This move not only solidifies our commitment to expanding our reach, but also reinforces our dedication to delivering exceptional service to our valued as well as prospective customers.”
Amplify’s Founding Partner Jeff Pavone shared, “We are honored to have been chosen as the trusted advisor to Bold Wash. David and the entire Bold Wash team were a pleasure to work with throughout the sale process.”
The Summit Wash Holdings acquisition brings its operating total above 70 locations across Connecticut, New York, New Jersey, Nebraska, Missouri, and Florida. Brands include Speeders, Russell Speeder’s, and Waters Car Wash
Drawing on decades of car wash industry knowledge and Wall Street experience, Amplify’s deal execution team supports owner-operators and financial sponsor-backed platforms throughout the life cycle of an M&A transaction.
About Amplify Capital Group
Headquartered in Scottsdale, Arizona, Amplify Capital Group is a nationwide full-service advisory firm. With a mission of maximizing value for clients, Amplify helps owners sell, partner, or grow using practical industry experience as operators coupled with expertise in mergers and acquisitions and capital advisory. Learn more at amplifycapgroup.com.
About Summit Wash Holdings
Established in 2022, Summit Wash Holdings (“Summit”) was initially formed through a partnership with Russell Speeder’s Car Wash, a family-owned car wash platform with 21 locations across the Northeast, Nebraska, and Florida markets. Russell Speeder’s, which was founded in 1963 by the Shullman family, is known throughout the industry for its unparalleled quality, service, and customer experience. Following its initial formation, Summit has continued to focus on growth in its core Northeast market while also growing its presence in the Florida market through the acquisitions of Waters Carwash in 2022. Learn more at www.summitwashholdings.com.
Summit Wash Holdings Media Contact: [email protected]