quote:
The car-wash industry has become a hotbed of private-equity activity.
Investors are now paying big prices for regional chains—as much as 18-to-20 times earnings
before interest, taxes, depreciation and amortization, according to bankers involved in the deals.
The car-wash industry has become a hotbed of private-equity activity.
Investors are now paying big prices for regional chains—as much as 18-to-20 times earnings
before interest, taxes, depreciation and amortization, according to bankers involved in the deals.
Private Equity Wants to Wash Your Car
Buyout firms are buying and bundling small businesses, from car washes and dentist offices to auto-repair shops and dry cleaners.
www.wsj.com