CHARLOTTE, NC (August 6, 2020) – BlackArch Partners LLC (“BlackArch”) is pleased to announce the partnership of Sonny’s Enterprises (“Sonny’s” or the “Company”), a portfolio company of Sentinel Capital Partners (“Sentinel”), with Genstar Capital (“Genstar”).
Based in Tamarac, FL, Sonny’s is the largest global manufacturer of conveyorized car wash systems and provides a complete, integrated suite of products and services that meets all the needs of car wash owners and operators. The Company serves both small independents and large national car wash chains throughout the U.S. and internationally. Sonny’s is the only one-stop provider of solutions spanning the entire car wash lifecycle, providing education on car wash operations, site and car wash business consulting services, a comprehensive offering of tunnel equipment, vacuums, lighting and signage, controls, chemistry, local service and support and aftermarket parts. Established in 1949, Sonny’s has been led by the Fazio family since inception. Sonny’s CEO, Paul Fazio, and the rest of the Sonny’s management team remain committed to being the single source solution for car wash equipment, vacuums, chemicals, software, education and local support.
The transaction continues BlackArch’s strong presence in the car wash, business and field services and distribution sectors, and is representative of the firm’s focus on providing unique M&A advisory services to high-growth, market-leading businesses.
About Sonny’s Enterprises
Sonny’s is the largest manufacturer of conveyorized car wash equipment, parts, and supplies in the world. Forward thinking professional car wash investors, owners and operators partner with Sonny’s because of its total offering, market leadership, and deep expertise. Sonny’s education and software products support operator profitability and its conveyorized car wash innovations, parts, and supplies keep customers’ businesses growing. For more information, visit www.sonnysdirect.com.
About Sentinel Capital Partners
Sentinel is one of the nation's leading lower midmarket private equity firms. Based in New York City, Sentinel invests in management buyouts, acquisitions of family businesses, corporate divestitures, industry consolidations, and going-private transactions in the United States and Canada. Sentinel also invest in special situations, including balance sheet restructurings and operational turnarounds and forges partnerships with talented management teams who want to be owners of the companies they operate. Sentinel has raised approximately $5.2 billion of capital since inception and has an established record and access to the critical resources growing businesses need. For more information, visit www.sentinelpartners.com.
About Genstar Capital
Genstar Capital is a leading private equity firm that has been actively investing in high quality companies for over 30 years. Based in San Francisco, Genstar works in partnership with its management teams and its network of strategic advisors to transform its portfolio companies into industry-leading businesses. Genstar currently has approximately $19 billion of assets under management and targets investments focused on targeted segments of the financial services, healthcare, industrial, and software industries. For more information, visit www.gencap.com.
About BlackArch Partners
BlackArch Partners is a leading middle-market investment bank offering a full spectrum of advisory services to financial sponsors, private companies and diversified corporations. BlackArch addresses the needs of owner-operators, founders and shareholders of private companies with specialized services that include M&A advisory, strategic advisory and private capital solutions. Headquartered in Charlotte, North Carolina, with offices in Chicago, Illinois, BlackArch features a total of 12 industry-focused practices that cover all sectors of interest to middle-market investors; BlackArch professionals have closed more than 350 transactions in 16 countries on four continents. Please visit our website, www.blackarchpartners.com, for more details.
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