July 8, 2020
Quick Quack to Build 14 New Locations
Roseville, CA – DCA Partners is pleased to announce that TRI HoldCo, Inc. has successfully completed a transaction with Quick Quack Car Wash Holdings, LLC. DCA acted as TRI HoldCo’s buyside advisor on the transaction.
Quick Quack will put the capital toward building 14 new Quick Quack locations across California, Arizona, and Texas over the next twelve months, including several in the greater Sacramento area.
TRI HoldCo, a 100-percent employee-owned company, hired DCA to pursue transactions with businesses in Northern California. “We are excited to partner with great local companies such as Quick Quack,” said Matthew Estes, Chief Corporate Development Officer of TRI HoldCo. “Quick Quack has built a reputable, market-leading brand, supported by a distinct culture focused on serving their customers and employees. Their values and business philosophy are consistent with ours, making this investment a great fit for us.”
DCA identified the opportunity, assisted with due diligence, managed the transaction process, and negotiated key terms. “We have followed Quick Quack’s success for some time and were excited to be able to bring two highly successful Sacramento-based companies together for this transaction,” said Craig Mitchell, Partner at DCA Partners. “It is great to see that Quick Quack has continued to grow and thrive through the pandemic and that they were able to complete another transaction in this environment,” he added.
TRI HoldCo continues to build its portfolio of highly performing businesses for the benefit of its employee-owners. We encourage Northern California business owners to contact DCA to learn more about how TRI HoldCo can facilitate an exit while providing a path for employee-ownership.
About DCA Partners, LLC
Based in Sacramento, CA, DCA Partners is a boutique investment banking firm that provides mergers and acquisitions advisory to large corporate, middle market, and family-owned businesses throughout the western United States. Our broad blend of experience, industry expertise, and entrepreneurial spirit allows us to bring unique perspective to every single engagement, helping our clients grow through acquisition (buy side advisory), or maximize the value they receive in a sale of their business (sell side advisory).
About TRI HoldCo
TRI HoldCo is a privately held, 100-percent employee-owned holding company that develops and operates innovative niche businesses for the benefit of its ESOP participants. The company is headquartered in Folsom.
For additional information, contact:
DCA Partners, LLC