Prairie Capital Fund VII Acquired a Majority Stake in Sgt. Clean Car Wash

• Prairie Capital Fund VII acquired a majority stake in Sgt. Clean Car Wash through a growth buyout and recapitalization completed on April 1, 2021.
• The seller was the company’s founding ownership/management team, who also partnered with Prairie to continue leading the platform post-transaction.
• At the time of the deal, Sgt. Clean operated six express-car-wash sites across Northeast Ohio.

This transaction highlights growing private-equity interest in regional express-car-wash platforms with strong membership models and defensible real-estate positions. It underscores the accelerating consolidation trend in the Midwest, where scaled operators are attracting institutional capital to support network expansion. The deal also reflects increasing competition among PE firms to back proven owner-operator teams capable of building multi-site platforms in high-growth service sectors.