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- AquaSonic Car Wash receives significant investment in development efforts
AquaSonic Car Wash receives significant investment in development efforts
AlphaEdge's strategic investment encompasses 14 AquaSonic sites across three funds.
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đź‘‹Good morning! In this issue of the Car Wash Daily News email newsletter, learn about the significant investment AquaSonic Car Wash has received from AlphaEdge Investment Management as it engages in an ambitious development plan.
👉To give you an idea of what our daily newsletter has to offer, you can access all of its contents - including the long-form version of stories teased on the newsletter - until later this month. After that, as a paid subscriber, you can maintain full access. Otherwise, only short teasers and summaries will be available in the newsletter and on the Website.
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Jim Utter
Director of Journalism/Editor in Chief
CW Daily News
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🔦TODAY’S SPOTLIGHT🔦
AquaSonic Car Wash receives significant investment in development efforts
AlphaEdge Investment Management, a subsidiary of the United Heritage Financial Group, recently announced a new strategic investment in AquaSonic Car Wash.
AquaSonic is a new brand whose creation was announced in January 2024, by the London and West Palm Beach, Florida-based Henley Investment Management as its first entrance into the U.S. car wash market.
AlphaEdge, an asset management company based in Meridian, Idaho, combines expertise in traditional insurance portfolio management with a focus on alternative investments. The company said its commitment to innovative growth and strategic investment aligns with AquaSonic’s vision for the future of the car wash industry.
“We are excited to partner with AquaSonic Car Wash, whose innovative approach and commitment to excellence resonate with our investment strategy,” Dean Sandros, President of AlphaEdge, said in a statement.
Read more here.

➥ SUMMARY
The new relationship reflects a shared vision between AquaSonic and Alpha Edge, creating opportunities for continued innovation and expansion in the industry.
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✂️SHORTCUTS✂️
Editor’s Picks 👇
AutoBrite introduces new prefabricated ModBrite Car Wash System: AutoBrite, a San Antonio, Texas-based provider of self-service car wash equipment and services, has introduced a new prefabricated ModBrite Car Wash System that will allow convenience store operators with a small footprint to have a technologically advanced, automated, express mini-tunnel car wash in a fraction of the time of most other car wash systems. Standard features include stainless steel construction and advanced dual 30-inch conveyor belt system in footprints as small as 35 feet. Read more here.
Express Hits 🎯
Foam & Wash Car Wash in Newburgh, New York, has been named Best Car Wash/Detailing in the Hudson Valley in the 2024 Daily Voice Readers’ Choice Awards. Foam & Wash has remained a family-owned business dedicated to providing high-quality vehicle care since its founding in the 1960s. The company has 12 locations throughout Dutchess and Orange counties including car washes, dog washes, Shell Express, and a laundromat.
Flying Ace Car Wash wants to build a new location in the Belmont neighborhood of Dayton, Ohio, and its request is on the agenda of the next meeting of Dayton’s City Plan Board. The site formerly housed a Rite Aid until the company announced its closing in July 2024. Flying Ace is one of the five brands of Express Wash Concepts and has several locations in the greater Dayton area.
Village trustees in Downers Grove, Illinois, are set to consider a proposal from Stellco Properties to build three new buildings at the Meadowbrook Shopping Center. The proposed additions include a drive-thru car wash and two multi-tenant buildings with drive-thru restaurants. Stellco purchased the property in 2022. The village’s planning and zooming commission gave unanimous approval for the development and the needed special use permits.
👉 More updates here.
Making Waves Around the World 🌊
Poole fire station to host charity car wash this weekend: The Poole Fire Station in Poole, a coastal town in southwest England, will host a charity car wash fundraiser on Saturday morning (March 15) to benefit the Fire Fighters Charity and Action Medical Research. In addition, station manager Ian Read will participate in the “Ride for a Reason” charity bike ride event, which will see him cycle 300 miles from London to Paris over four days in July. He will also raise funds for AMR. Read more here.
What’s Coming Up 📅
APEC 2025: The leading conference in North America for power electronic professionals will take place March 16-20, 2025, at the Georgia World Congress Center in Atlanta, Georgia. More info here.
Heartland Carwash Association 2025: The organization’s annual product and equipment show will take place March 24-26, 2025, at the Mid America Center in Council Bluffs, Iowa. More info here.
Midwest Petroleum & C-Store Tradeshow 2025: With over 300 exhibitors, “M-PACT” will showcase the latest products, services and technologies April 1-3 at the Indiana Convention Center in Indianapolis, Ind. More info here.
Upper Midwest Convenience Store and Energy Convention 2025: UMCS is a collaboration between FUELING MINNESOTA and FUELIowa trade associations and held April 7-9, 2025, in Saint Paul, Minnesota. More info here.
ICA Car Wash Show 2025: The ultimate gathering for car wash pros returns to the Las Vegas (Nevada) Convention Center April 26-28, 2025. More info here.
Southwest Fuel & Convenience Expo 2025: The premier event for fuel, food and convenience retailers in the Southwest United States is set for June 9-11, 2025, in Fort Worth, Texas. More info here.
Car Wash Show Europe 2025: The leading car wash trade fair in Europe takes place Sept. 24-25, 2025, at EXPO Greater Amsterdam in the Netherlands. More info here.
Northeast Regional Carwash Convention 2025: The NRCC, scheduled for Oct. 6-8, 2025, in Atlantic City, New Jersey, includes educational seminars, keynote speakers, and a large trade show. More info here.
❓DID YOU KNOW❓
According to Zippia.com, an online job search and career development site, the average car wash manager salary is $42,047 in the United States.
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