D&S Car Wash Supply, a Portfolio Company of Lometa Capital Partners, Acquires D&S Car Wash Systems

HIGH RIDGE, Mo., June 2, 2022 – D&S Car Wash Supply (“D&S”), a portfolio company of Lometa Capital Partners, has acquired D&S Car Wash Systems (“DSS”).

Headquartered in High Ridge, MO, DSS was the exclusive distributor of D&S’s brand-recognized, high-performance car wash systems including in-bay automatic, self-serve, and truck wash products, in the St. Louis MSA. In addition to selling equipment, DSS provided its customers with the day-to-day service required to keep a top-tier car wash in excellent working condition including new equipment install, maintenance, chemical supply, and business advice. DSS customers included neighborhood car washes, regional c-store chains, car dealerships, and car rental facilities, among others.

DSS will form the nucleus of D&S’ new Field Sales & Service division (“FSS”) which will focus on areas where historical distributor coverage has been non-existent or weak. FSS will strengthen D&S’ relationship with car wash owners by enabling seamless integration from new equipment sale to install, to chemical sales and maintenance, and full-circle back to equipment refurbishment. FSS will augment its organic growth with additional distributor acquisitions to further expand D&S’ reach.

Tim Huntington, CEO of D&S, said, “We are thrilled to expand our relationship with DSS and formally bring them onto our team after years of successfully working together at the distributor-level.”

Bill Hoaglin, former owner of DSS and President of FSS, remarked, “A combination of D&S and DSS creates an exciting value proposition for car wash owners which will separate FSS from its competitors in a rapidly changing marketplace.”

About Lometa Capital Partners

Lometa Capital Partners is a multi-family office investing in strategically viable lower middle market companies in the business services and niche manufacturing and industrials sectors. Lometa is currently investing out of a $75 million perpetual-life fund with no predetermined timeframe to exit. Its Limited Partners are successful entrepreneurs and highly engaged to drive outcomes in the portfolio where they possess deep knowledge and experience. To learn more about Lometa, please visit www.lometacapital.com.

About D&S Car Wash Supply

D&S Car Wash Supply is a manufacturer and supplier of brand‐recognized, car wash equipment including in‐bay automatic, self‐serve, and truck wash systems, spare parts, auxiliary equipment, chemicals, and maintenance and install services. D&S’s line of IQ‐branded systems are manufactured with the highest quality materials and feature proprietary, state‐of‐the‐art technology that result in unparalleled wash quality and efficiency. D&S serves customers in the professional car wash, truck wash, convenience store, and auto dealership segments across the U.S. and Canada. To learn more about D&S, please visit www.dscarwash.com.

For more information please contact:

Vince Smith
Partner
vince@lometacapital.com