Fundz

Summit Wash Holdings Receives $200M+ in Debt Financing to Expand Operations

PRIVATEMay 13, 2024

Amount Raised

$200 Million

Round Type

Debt Financing

Palm Beach GardensRetailAutomotive

Description

Summit Wash Holdings, a Palm Beach Gardens, FL- and Norwalk, CT-based membership-focused car wash group, received $200M+ in debt financing to continue expansion in Central Florida, Connecticut, and New Jersey, with plans to surpass 100 locations by mid-2025.

Quick answer

Summit Wash Holdings raised $200 Million in a Debt Financing round, dated May 13, 2024. Summit Wash Holdings is based in Palm Beach Gardens, Florida, United States.

How much did Summit Wash Holdings raise?
Summit Wash Holdings raised $200 Million in a Debt Financing round on May 13, 2024.
What does Summit Wash Holdings do?
Summit Wash Holdings is the owner and operator of a rapidly expanding network of express car washes located in the Northeast, Midwest and Southeast regions.
Where is Summit Wash Holdings based and how big is it?
Summit Wash Holdings is based in Palm Beach Gardens, Florida, United States.
Who are the decision-makers at Summit Wash Holdings?
Fundz holds 1 contact at Summit Wash Holdings. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Retail and Automotive around the same time

Companies in the same sectors as Summit Wash Holdings that raised within 45 days of this round, from Fundz verified event records.

  • ZIPS Car Wash raised $70M (Private Equity) on June 10, 2024.
  • River raised $68M (Series B) on June 27, 2024.
  • Hero Bread raised $21M (Funding Round) on June 27, 2024.
  • Fastned raised $35M (Funding Round) on June 25, 2024.
  • COMPREDICT raised $15M (Series B) on June 25, 2024.
  • VerdeGo Aero raised $1.5M on June 25, 2024.

Who to call at Summit Wash Holdings, and when

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  • The decision-makers there, with verified emails
  • Who you already know at Summit Wash Holdings, from your own LinkedIn network

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Company Information

Company

Summit Wash Holdings

Location

Palm Beach Gardens, Florida, United States

About

Summit Wash Holdings is the owner and operator of a rapidly expanding network of express car washes located in the Northeast, Midwest and Southeast regions. The company operates under two renowned brands, Russell Speeder’s and Waters Car Wash, both dedicated to providing customers with exceptional car wash experiences.

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Related People

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Summit Wash Holdings raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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