Sonny's Enterprises, Inc.
Classification
Private
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
About
About
Sonny's Enterprises, Inc. is a car wash technology company founded in 1949 by Sonny Fazio, with its headquarters located in Tamarac, Florida. The company began with the construction of its founder's first full-service car wash and evolved into a manufacturer of conveyorized systems. It was acquired by Sentinel Capital Partners prior to 2020, then by Genstar Capital in 2020, and has pursued growth through acquisitions including PECO Car Wash Systems in 2021, Hydra-Flex in 2021, and WashMetrix more recently. Business/Product Breakdown Sonny's Enterprises, Inc. provides conveyorized car wash systems through a range of equipment, parts, supplies, chemicals, controls, and related solutions under the OneWash suite for commercial operators. The offerings include tunnel systems, vacuums, lighting, signage, chemical dispensing systems, high-pressure nozzles, OEM parts for multiple brands, and management software integrated with platforms like Quivio for operational visibility and control. Additional components encompass consulting for site planning and business operations, training via CarWash College for maintenance and management, marketing services for branding and campaigns, and local support for installation and service, addressing needs across express exterior, full-service, and fleet wash applications.
Keywords
Keywords
Classified
Private