Monroe Capital increased its credit facility to Mammoth Holdings to support the acquisition FLCW d/b/a Finish Line Car Wash.
In October 2018, Mammoth partnered with Red Dog Equity, an Atlanta-based private equity firm, which, through its partnership with Tom Pritzker’s family business interests (advised by The Pritzker Organization), provided the equity for the Finish Line acquisition.
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Finish Line is an eight-unit, express conveyor car wash operator with locations in Kentucky, Tennessee, and Illinois. The addition of Finish Line further expands the Mammoth’s “operator-focused” conveyor carwash platform and aligns with the platform’s continued growth strategy.
Mammoth’s multi-brand portfolio includes Marc-1, Wash Me Fast, Swifty, Ultra, and now Finish Line, among others.
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Monroe Capital is a private credit asset management firm specializing in direct lending and opportunistic private credit investing. Since 2004, the firm has provided private credit solutions to borrowers in the U.S. and Canada.
