Wildcat Capital Management-Backed Car Wash Platform Receives Strategic Growth Investment From Sculptor Real Estate
- Wildcat Capital Management's car wash platform has received a significant growth investment from Sculptor Real Estate, allowing for accelerated development initiatives. This investment could positively impact the stock price of Wildcat Capital Management and Sculptor Capital Management, Inc. (NYSE: SCU).
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"We are thrilled to partner with Sculptor Real Estate, which shares our vision to deliver the best car wash experience to our customers and communities," said Roland Bartels, CEO of Club Car Wash. "Sculptor's support will enable us to expand our footprint and reach new markets, while maintaining our focus on operational excellence and customer satisfaction."
John Roush, CEO of Express Wash Concepts, added: "We look forward to working with Sculptor Real Estate as we continue to provide the highest quality and value to our dedicated customers, identify and acquire attractive sites for new car washes, and optimize our existing portfolio."
Drew Tarlow, Managing Director at Wildcat Capital Management, said: "We are very proud of what Club Car Wash and Express Wash Concepts have achieved in the past few years, becoming leaders in their respective markets and regions. We are excited to welcome Sculptor as a strategic partner, as we prepare our companies for the next phase of growth."
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About Wildcat Capital Management:
Wildcat was established in 2011 as a single-family investment office. The firm has a long term, flexible family-office-driven approach and employs a thematic investment process to identify best-in-class businesses and growth-oriented companies across any stage of the maturity curve. Wildcat seeks to partner with leading private consumer, business services, software, healthcare, and other technology-enabled companies. In addition, Wildcat has both a public markets investment team and a value-add and opportunistic real estate investment team. For additional information please contact media@wildcatcap.com or visit our website at www.wildcatcap.com.
About Sculptor:
Sculptor is a leading global alternative asset management firm with approximately
About Club Car Wash:
Founded as Tiger Express Car Wash in 2006, the company rebranded to Club Car Wash in 2019. Currently operating 140+ locations in
About Express Wash Concepts:
Express Wash Concepts is the parent company of 90+ award winning, express car wash locations throughout
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SOURCE Wildcat Capital Management
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