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Harrell’s Car Wash Systems buys New England Car Wash Equipment

Harrell's Car Wash Systems Inc. has acquired Massachusetts-based New England Car Wash Equipment LLC, a provider of car wash systems and supplies, PE Hub reported. Financial terms of the deal were not disclosed. Bell Capital Finance provided the senior financing for the deal, mezzanine financing was provided by Exmarq Capital Partners and Medallion Capital. Harrell's is backed by Generation Growth Capital.

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M&A,M&A deals,mergers and acquisitions