Understanding private equity
from Professional Carwashing & Detailing
From Nov. 20:
According to author Harry Caruso: Is it even worth getting involved as a first-time carwash owner, given all the "big money" coming in? Doesn't private equity already own the whole industry? Who are these people calling me every day asking me if I will sell my wash? These are questions I am frequently asked when speaking with current and prospective wash owners. Private equity's presence in the market is an important topic for the entire sector, regardless of your size and status in the industry.
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