How Much Did Super Star Car Wash Raise?
Funding & Key Investors

Super Star Car Wash has successfully secured a major strategic investment, bringing its total capital accumulation to $152M. This latest infusion of $150M underscores the company's robust position within the competitive automotive maintenance sector. By leveraging significant debt financing, the organization is reinforcing its balance sheet to support ongoing operational expansion across its core markets in Arizona and California.

The capital injection, finalized in September 2022, represents a pivotal moment for the Phoenix-based enterprise. As the firm continues to scale its footprint, this influx of liquidity provides the necessary runway to enhance its service offerings, which range from express wash tunnels to comprehensive quick lube and detailing facilities.

What is Super Star Car Wash?

Super Star Car Wash
Consumer ServicesCleaning ServicesAutomotive Service & Collision Repair

Super Star Car Wash operates as a prominent regional player in the automotive care industry, maintaining a diverse portfolio of locations across the Southwest and West Coast. The company distinguishes itself through a hybrid service model that combines high-volume express wash tunnels with full-service detailing and quick lube maintenance. By integrating 24-hour gas stations into its service ecosystem, the firm captures significant recurring revenue through both single-transaction customers and its popular unlimited monthly membership programs. This multi-faceted approach to vehicle maintenance has established the company as a critical infrastructure provider for commuters and fleet operators alike.

How much funding has Super Star Car Wash raised?

Super Star Car Wash has raised a total of $152M across 2 funding rounds:

2020

Debt

$2M

2022

Debt

$150M

Debt (2020): $2M with participation from PPP

Debt (2022): $150M led by Golub Capital and Carlyle Global Credit

Key Investors in Super Star Car Wash

Golub Capital

Golub Capital is a market-leading, award-winning direct lender and experienced credit asset manager specializing in delivering reliable, creative and compelling financing solutions to companies backed by private equity sponsors.

Carlyle Global Credit

A global investment firm providing credit-focused capital solutions to support the growth and operational needs of middle-market and large-cap enterprises.

PPP

Public-Private Partnership

What's next for Super Star Car Wash?

With the recent strategic investment, Super Star Car Wash is well-positioned to accelerate its growth trajectory through both organic site development and potential operational efficiencies. The focus remains on deepening market penetration in the Western United States while optimizing the customer experience through technological upgrades and facility modernization. As the company navigates the current macroeconomic environment, the support from sophisticated credit partners ensures that it maintains the financial flexibility required to sustain its competitive advantage in the retail automotive services market. Future initiatives will likely prioritize the expansion of its subscription-based revenue model and the integration of advanced detailing capabilities to drive higher average ticket values across its growing network of locations.

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Frequently Asked Questions Regarding Super Star Car Wash Financial Insights

What are the most recent funding rounds that Super Star Car Wash has completed, and what were the funding rounds?
Super Star Car Wash has recently completed 2 funding rounds: Debt on Sep 20, 2022, Debt on Apr 6, 2020.
What is the total amount of funding Super Star Car Wash has raised to date?
Super Star Car Wash has raised a total of $152M in funding to date.
How many funding rounds has Super Star Car Wash completed?
Super Star Car Wash has completed 2 funding rounds.
How much funding did Super Star Car Wash raise in its most recent funding round?
Super Star Car Wash raised $150M in its most recent funding round.
Who are the lead investors in Super Star Car Wash's latest funding round?
The lead investor in Super Star Car Wash's latest funding round was Golub Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Super Star Car Wash's history?
The largest funding round in Super Star Car Wash's history was $150M.
See more information about Super Star Car Wash