Warburg Pincus has acquired El Car Wash (El), a fast-growing express car wash operator in South Florida, from affiliates of Wafra, Audrose Partners, and Fireside Investments.
The investment will support El’s continued expansion and its commitment to offering best-in-class services to its customers.
Terms of the transaction have not been disclosed.
El is a widely recognised brand known for its prime locations, high quality operations, distinctive aesthetics, and industry leading membership program. It is also the Official Car Wash of the Miami HEAT and a partner of Baptist Health.
William Blair & Company, LLC served as exclusive financial advisor to El Car Wash in connection with the transaction.
