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Private equity-backed Miami car wash expands in Southwest Florida


  • By Mark Gordon
  • | 8:45 a.m. March 15, 2024
  • | 0 Free Articles Remaining!
El Car Wash has big expansion plans across Florida.
El Car Wash has big expansion plans across Florida.
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Miami-based El Car Wash, with one location in Naples and one in Fort Myers, is expanding in Southwest Florida with an acquisition.

The company bought Suncoast Express Car Wash on Cleveland Avenue in Fort Myers, according to a statement. Financial terms of the acquisition weren’t disclosed. El Car Wash, according to a statement, also acquired Sweetwater Car Wash Dr. Phillips in Orlando. 

El Car Wash, which completed a recapitalization with private equity giant Warburg Pincus in 2022, says “significant investments are being made to enhance both the Suncoast and Sweetwater sites."

 


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Mark Gordon

Mark Gordon is the managing editor of the Business Observer. He has worked for the Business Observer since 2005. He previously worked for newspapers and magazines in upstate New York, suburban Philadelphia and Jacksonville.

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