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KKR: minority investment in Quick Quack Car Wash

( - Investment funds managed by KKR have made a significant minority investment in Quick Quack Car Wash.

Quick Quack's founders and its long-standing partner, Seidler Equity Partners, will continue to hold significant stakes in the company alongside KKR.

The new investment will support the continued acceleration of Quick Quack's growth through innovation, marketing and organic expansion in new and existing markets.

Quick Quack is one of the largest and fastest-growing express-format carwash operators in the United States, with more than 230 locations in California, Texas, Arizona, Utah and Colorado.

With its differentiated operating model, strong track record of organic growth and world-class team, we believe Quick Quack is well positioned to continue its growth trajectory, KKR said.

It adds that it looks forward to working with the Quick Quack and Seidler teams to continue to drive growth by building on the strong foundation they have established over the past two decades.

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