Fundz

El Car Wash Announces Acquisition By Warburg Pincus

PRIVATEJul 18, 2022

Acquiring Company

Warburg Pincus Access Fund L.P

Acquired Company

May Mobility

New YorkUnited StatesFinancial ServicesSoftwareSales And MarketingFinanceProfessional ServicesSoftwareE CommerceFashionBlockchainCryptocurrency

Description

El Car Wash ("El"), the largest and fastest growing express car wash operator in South Florida, today announced that Warburg Pincus has acquired the company from affiliates of Wafra Inc. ("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 were not disclosed.

Quick answer

Warburg Pincus Access Fund L.P is acquiring May Mobility, announced July 18, 2022. Warburg Pincus Access Fund L.P is based in New York, New York, United States.

How much did Warburg Pincus Access Fund L.P pay for May Mobility?
The deal value was not disclosed.
What does Warburg Pincus Access Fund L.P do?
Warburg Pincus Access Fund, L.P. is an investment fund that focuses on providing access to private equity investments.
Where are Warburg Pincus Access Fund L.P and May Mobility based?
Warburg Pincus Access Fund L.P is based in New York, New York, United States. May Mobility is based in United States.
Who are the decision-makers at Warburg Pincus Access Fund L.P?
Fundz holds 2 contacts at Warburg Pincus Access Fund L.P. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Warburg Pincus Access Fund L.P

Location

New York, New York, United States

About

Warburg Pincus Access Fund, L.P. is an investment fund that focuses on providing access to private equity investments. The firm is part of Warburg Pincus LLC, which is known for its expertise in private equity and growth investments. The fund aims to generate long-term value through strategic management and investment. Headquartered in New York, it operates primarily in the financial sector.

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Frequently asked

Who acquired May Mobility?

May Mobility was acquired by Warburg Pincus Access Fund L.P, based in New York. The deal was reported on July 18, 2022. Warburg Pincus Access Fund, L.P. is an investment fund that focuses on providing access to private equity investments. Warburg Pincus Access Fund L.P is privately held and operates in Financial Services.

When did Warburg Pincus Access Fund L.P acquire May Mobility?

Warburg Pincus Access Fund L.P's acquisition of May Mobility was reported on July 18, 2022. El Car Wash ("El"), the largest and fastest growing express car wash operator in South Florida, today announced that Warburg Pincus has acquired the company from affiliates of Wafra Inc. ("Wafra"), Audrose Partners, and Fireside Investments. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does May Mobility do?

May Mobility, established in Ann Arbor, Michigan in 2017, is building the world's best autonomy system. Their proprietary Multi-Policy Decision Making (MPDM) system is at the core of their mission to help make cities safer, greener, and more accessible. It is privately held, operating in Professional Services, and is based in United States.

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