Warburg Pincus acquires El Car Wash

El Car Wash was acquired by Warburg Pincus on Jul 18, 2022.

Deal Overview
Purchase Date
July 18, 2022
Primary State
Sites Bought
Deal Value
Transaction Synopsis
  • Warburg Pincus acquired El Car Wash, the largest car wash operator In South Florida.
  • El Car Wash operated 17 locations, as well as 30 additional sites in development.

Market Significance

"We believe El has a unique offering and significant growth potential. El has an outstanding record of new store openings and successful acquisitions, and we are tremendously excited to support the team in their continued expansion, both in South Florida and in other attractive markets," said Zach Lazar, Managing Director, Warburg Pincus.

Client Impact
Management Commentary