Current Investment
Sgt. Clean Car Wash
Prairie Capital Fund VII
Location | Uniontown, OH |
Transaction Type | Growth Buyout with Founder and Management |
Investment Date | April 2021 |
Business | Premier operator of express car washes in the underserved Northeast Ohio market |
Industry | Consumer |
Investment Rationale
- Strong partnership with talented and proven management team
- Market leading chain in Northeast Ohio with industry leading unit economics
- Significant growth opportunity to open additional sites in the underserved NEO market
- Unlimited wash plan provides recurring and predictable revenue stream
Value Add
- Human Capital
- Sales & Marketing
- Infrastructure
- Add-on Acquisitions
While we had a number of private equity firms knocking on our door, when Prairie Capital called, we found the decision straightforward. For one thing, we had the good fortune to work with Prairie in the past with great results. Additionally, we chose Prairie for a combination of excellent business skills and their respect for the people with whom they work. From any angle in the organization, we find Prairie team members to behave with skill and integrity. They believe in a philosophy of win-win and their track record shows it.