Clear Sky Capital’s portfolio company, Raceway Express Car Wash, is one of the nation’s top 10 car wash operating companies. The Company offers high volume express car wash services and a hub and spoke model for full-service car wash within its express service markets. Raceway operates a rapidly expanding car wash portfolio with locations in Arizona, Nevada, Central and Southern California, Illinois, Indiana and Texas.
Clear Sky Capital has a successful track record of acquiring, operating and redeveloping car wash assets. We actively seek investments in car wash assets located in major metros across the U.S. with strong drive-by traffic counts. Our industry leading operations team seeks to unlock, and execute on value creation opportunities.
Clear Sky Capital has a full complement of car wash development and operating capabilities. Through its in-house project management team, the Firm is experienced with development of new assets as well as redevelopment of existing properties. Its team members work closely with contractors during site selection, feasibility analysis, permitting, architectural and engineering design, as well as the commissioning of new sites.
A value add strategy is applied to each asset post acquisition. The management team is tasked with improving operational efficiencies, creating additional revenue streams including recurring memberships, and providing a best-in-class experience to customers.