DFW Capital Partners, a private equity firm based in Teaneck, New Jersey, has recently announced its investment in Kept Companies, a franchise specializing in truck washing services. The investment is aimed at supporting the growth of Kept Companies and expanding its reach across the United States.
Kept Companies was founded in 2015 by CEO Jerry Jones Jr. and COO Ryan Farris. The company provides mobile truck washing services to commercial fleets, including tractor-trailers, buses, and other heavy-duty vehicles. Kept Companies operates through a franchise model, with over 50 franchisees across the country.
DFW Capital Partners is a private equity firm that specializes in investing in lower-middle-market companies. The firm has a strong track record of investing in companies in the healthcare, business services, and industrial sectors. DFW Capital Partners has over $600 million in assets under management and has completed over 100 investments since its inception in 1983.
The investment from DFW Capital Partners will provide Kept Companies with the resources it needs to expand its franchise network and enhance its technology platform. The investment will also enable Kept Companies to invest in marketing and advertising initiatives to increase brand awareness and attract new customers.
Jerry Jones Jr., CEO of Kept Companies, expressed his excitement about the partnership with DFW Capital Partners. He stated, “We are thrilled to partner with DFW Capital Partners as we continue to grow our business and expand our reach across the country. With their expertise and resources, we are confident that we can take our business to the next level.”
DFW Capital Partners’ Managing Partner Keith Pennell also commented on the investment, stating, “We are excited to partner with Kept Companies and support their growth strategy. The company has a proven business model and a strong management team, and we believe that our investment will help them achieve their goals.”
The investment in Kept Companies is another example of the growing interest in the trucking industry from private equity firms. With the increasing demand for transportation services, companies that provide essential services to the trucking industry, such as Kept Companies, are well-positioned for growth.
In conclusion, the investment from DFW Capital Partners in Kept Companies is a significant milestone for the franchise and the truck washing industry as a whole. The partnership will provide Kept Companies with the resources it needs to expand its reach and enhance its technology platform, while also enabling DFW Capital Partners to invest in a promising business with a proven track record of success.
- SEO Powered Content & PR Distribution. Get Amplified Today.
- Minting the Future w Adryenn Ashley. Access Here.
- Buy and Sell Shares in PRE-IPO Companies with PREIPO®. Access Here.
- PlatoAiStream. Web3 Data Intelligence. Knowledge Amplified. Access Here.
- Source: https://zephyrnet.com/dfw-capital-invests-in-truck-washing-franchise-kept-companies-pe-hub/
Private Equity Deals in Review: AltAssets Private Equity Roundup for October 31, 2023
Private Equity Deals in Review: AltAssets Private Equity Roundup for October 31, 2023 As we bid farewell to October 2023,...
Private Equity Deals in Review: AltAssets Private Equity Deal Roundup for October 31, 2023
Private Equity Deals in Review: AltAssets Private Equity Deal Roundup for October 31, 2023 As we bid farewell to October,...
The Journey of Funds: From the Barrel to the Bank – Insights from PE Hub
The Journey of Funds: From the Barrel to the Bank – Insights from PE Hub Private equity (PE) has become...
Madison Industries to purchase CAE’s healthcare business for C$311 million
Madison Industries, a leading global industrial conglomerate, has recently announced its plans to acquire CAE’s healthcare business for a staggering...
Understanding the Current Landscape of Seed Rounds: Exploring the Three Types, Increased Competition, Higher Pricing, Benefits of Pre-Seed Boards, and the Risks of Excessive Early Funding with Ed Sim, Founder of Boldstart – 20VC
Seed rounds are a crucial stage in the life cycle of a startup, providing the necessary capital to turn an...
Introducing Ziva Health: Elevating Mental Well-being with Breathwork
Introducing Ziva Health: Elevating Mental Well-being with Breathwork In today’s fast-paced and stressful world, taking care of our mental well-being...
Ziva Health Introduces Breathwork for Improved Mental Well-being
Ziva Health, a leading wellness center, has recently introduced breathwork as a powerful tool for improving mental well-being. With the...
Ziva Health introduces breathwork to improve mental well-being
Ziva Health Introduces Breathwork to Improve Mental Well-being In today’s fast-paced and stressful world, taking care of our mental well-being...
Acquisition Alert: MPE Acquires Mid-States Bolt & Screw
In a recent acquisition deal, MPE, a leading distributor of industrial fasteners and components, has announced its acquisition of Mid-States...
Align expands its presence in the legal services sector through acquisition of Counsel Press
Align, a leading provider of technology infrastructure solutions, has recently announced its expansion into the legal services sector through the...
Flatiron Health and Penn Medicine announce new partnership
Flatiron Health and Penn Medicine Announce New Partnership Flatiron Health, a leading healthcare technology company, and Penn Medicine, one of...
Flatiron Health and Penn Medicine announce new partnership to advance cancer research and patient care
Flatiron Health and Penn Medicine have recently announced a groundbreaking partnership aimed at advancing cancer research and improving patient care....
Unveiling Poland Spring’s Covert Opposition to Disfavored Water Regulations
Unveiling Poland Spring’s Covert Opposition to Disfavored Water Regulations Water is a vital resource that sustains life on our planet....
Unveiling Poland Spring’s Covert Opposition to Water Regulations
Unveiling Poland Spring’s Covert Opposition to Water RegulationsWater is a precious resource that sustains life on our planet. With increasing...
The Importance of Hiring Advisors for Startups: Timing, Compensation, Hiring Process, Expectations, and Common Mistakes Discussed with Ely Lerner – 20VC
Starting a new business can be an exciting and challenging endeavor. As a startup founder, you may have a brilliant...
The Importance of Hiring Advisors for Startups: Timing, Compensation, Hiring Process, Expectations, and Common Mistakes with Ely Lerner – 20VC
Starting a new business can be an exciting and challenging endeavor. As a startup founder, you may have a brilliant...
EQT’s Alex Greenbaum predicts that digital connectivity will fuel a surge in demand for Radius’ sites.
In today’s digital age, connectivity has become an essential part of our daily lives. From smartphones to smart homes, we...
EQT’s Alex Greenbaum predicts that digital connectivity will fuel higher demand for Radius’ sites.
In today’s digital age, connectivity has become an essential part of our daily lives. From smartphones to smart homes, we...
Partnership between New District and Temple University Hospital offers healthcare job opportunities for students
Partnership between New District and Temple University Hospital offers healthcare job opportunities for students In an effort to bridge the...
Bloomberg Editorial Board: American Investment Council States Private Fund Investors Can Thrive Without SEC Assistance
The American Investment Council (AIC) recently released a statement asserting that private fund investors can thrive without the assistance of...
Bloomberg Editorial Board: “Private Fund Investors Can Thrive Without SEC Assistance” – Insights from American Investment Council
The Bloomberg Editorial Board recently published an article titled “Private Fund Investors Can Thrive Without SEC Assistance,” which provides insights...
The Broken Services Model of Venture Capital: Assessing Important Signals When Meeting Founders and the Role of Help for the Best Founders, Explained by Phin Barnes @ TheGP – 20VC
Venture capital has long been considered the lifeblood of the startup ecosystem, providing crucial funding and support to early-stage companies...
The Importance of Illuminating Opaque Private Capital Markets
Private capital markets refer to the financial markets where investments are made in privately-held companies that are not publicly traded....
Wavecrest Growth Partners takes the lead in securing C$100m financing for Cardata
Wavecrest Growth Partners, a leading growth equity firm, has recently taken the lead in securing C$100 million in financing for...
How Cartwheel reduces waiting time for mental health support in schools
In recent years, there has been a growing recognition of the importance of mental health support in schools. With the...
The Importance of Product Memes and Writing Skills for Product People, The Impact of AI on the Role of Product, Common Mistakes Founders Make When Hiring Product Teams: Insights from Kevin Niparko, VP Product @ Twilio – 20VC
In today’s fast-paced and ever-evolving business landscape, product management has become a crucial role for companies looking to stay competitive....
Reasons for GIC’s Decision to Abandon Vista
Reasons for GIC’s Decision to Abandon Vista The Government of Singapore Investment Corporation (GIC) recently made headlines when it announced...
Using Data: Investment Banking Placement at The Hong Kong University of Science and Technology
Using Data: Investment Banking Placement at The Hong Kong University of Science and Technology The field of investment banking is...
DFW Capital makes investment in Kept Companies, a franchise specializing in truck washing services | PE Hub
DFW Capital Partners, a private equity firm based in Teaneck, New Jersey, has recently announced its investment in Kept Companies, a franchise specializing in truck washing services. The investment is aimed at supporting the growth of Kept Companies and expanding its reach across the United States.
Kept Companies was founded in 2015 by CEO Jerry Jones Jr. and COO Ryan Farris. The company provides mobile truck washing services to commercial fleets, including tractor-trailers, buses, and other heavy-duty vehicles. Kept Companies operates through a franchise model, with over 50 franchisees across the country.
DFW Capital Partners is a private equity firm that specializes in investing in lower-middle-market companies. The firm has a strong track record of investing in companies in the healthcare, business services, and industrial sectors. DFW Capital Partners has over $600 million in assets under management and has completed over 100 investments since its inception in 1983.
The investment from DFW Capital Partners will provide Kept Companies with the resources it needs to expand its franchise network and enhance its technology platform. The investment will also enable Kept Companies to invest in marketing and advertising initiatives to increase brand awareness and attract new customers.
Jerry Jones Jr., CEO of Kept Companies, expressed his excitement about the partnership with DFW Capital Partners. He stated, “We are thrilled to partner with DFW Capital Partners as we continue to grow our business and expand our reach across the country. With their expertise and resources, we are confident that we can take our business to the next level.”
DFW Capital Partners’ Managing Partner Keith Pennell also commented on the investment, stating, “We are excited to partner with Kept Companies and support their growth strategy. The company has a proven business model and a strong management team, and we believe that our investment will help them achieve their goals.”
The investment in Kept Companies is another example of the growing interest in the trucking industry from private equity firms. With the increasing demand for transportation services, companies that provide essential services to the trucking industry, such as Kept Companies, are well-positioned for growth.
In conclusion, the investment from DFW Capital Partners in Kept Companies is a significant milestone for the franchise and the truck washing industry as a whole. The partnership will provide Kept Companies with the resources it needs to expand its reach and enhance its technology platform, while also enabling DFW Capital Partners to invest in a promising business with a proven track record of success.