Who owns zips car wash?

Who owns zips car wash?

Introduction

Zips Car Wash is a popular car wash chain that has gained significant recognition in recent years. As a customer, you might wonder who owns Zips Car Wash and how the company operates. In this article, we will dive deeper into the ownership of Zips Car Wash and provide you with a comprehensive understanding of the company’s structure.

The Founders

Zips Car Wash was founded by four individuals: Brett Overman, Guy Villa, Harold Mills, and Edward Holmes. The company was established in 2004 and initially operated under the name “Zips Express Car Wash.” The founders had a vision to create a fast, convenient, and high-quality car wash experience for customers.

Expansion and Growth

Over the years, Zips Car Wash has experienced significant expansion and growth. The company has expanded its presence across multiple states in the United States, including Arkansas, Kansas, Missouri, Oklahoma, and Texas. With its commitment to providing excellent service and customer satisfaction, Zips Car Wash has become a trusted name in the industry.

Investment from CIVC Partners

In 2015, Zips Car Wash received a significant investment from CIVC Partners, a private equity firm based in Chicago. This investment allowed Zips Car Wash to accelerate its growth and expand its operations further. CIVC Partners recognized the potential of Zips Car Wash and its unique business model, which contributed to their decision to invest in the company.

Current Ownership

As of now, Zips Car Wash is primarily owned by CIVC Partners. The private equity firm holds a majority stake in the company. However, it’s important to note that the founders of Zips Car Wash still maintain ownership and involvement in the company. Brett Overman, one of the original founders, continues to serve as the CEO of Zips Car Wash, ensuring that the company’s vision and values are upheld.

Franchise Opportunities

Zips Car Wash also offers franchise opportunities for individuals interested in owning their own car wash business. Franchisees can benefit from the established brand name, operational support, and marketing resources provided by Zips Car Wash. This allows entrepreneurs to enter the car wash industry with a trusted and recognized brand.

Conclusion

Zips Car Wash, a successful car wash chain, was founded by Brett Overman, Guy Villa, Harold Mills, and Edward Holmes. The company has experienced significant growth and expansion, thanks in part to an investment from CIVC Partners. While CIVC Partners holds a majority stake in the company, the founders of Zips Car Wash still maintain ownership and play an active role in the company’s operations. Zips Car Wash also offers franchise opportunities for those interested in joining the car wash industry under an established brand.

References

– Zips Car Wash: https://www.zipscarwash.com/
– CIVC Partners: https://www.civc.com/