DFW Capital makes investment in Kept Companies, a franchise specializing in truck washing services | PE Hub

DFW Capital Partners, a private equity firm based in Teaneck, New Jersey, has recently announced its investment in Kept Companies, a franchise specializing in truck washing services. The investment is aimed at supporting the growth of Kept Companies and expanding its reach across the United States.

Kept Companies was founded in 2015 by CEO Jerry Jones Jr. and COO Ryan Farris. The company provides mobile truck washing services to commercial fleets, including tractor-trailers, buses, and other heavy-duty vehicles. Kept Companies operates through a franchise model, with over 50 franchisees across the country.

DFW Capital Partners is a private equity firm that specializes in investing in lower-middle-market companies. The firm has a strong track record of investing in companies in the healthcare, business services, and industrial sectors. DFW Capital Partners has over $600 million in assets under management and has completed over 100 investments since its inception in 1983.

The investment from DFW Capital Partners will provide Kept Companies with the resources it needs to expand its franchise network and enhance its technology platform. The investment will also enable Kept Companies to invest in marketing and advertising initiatives to increase brand awareness and attract new customers.

Jerry Jones Jr., CEO of Kept Companies, expressed his excitement about the partnership with DFW Capital Partners. He stated, “We are thrilled to partner with DFW Capital Partners as we continue to grow our business and expand our reach across the country. With their expertise and resources, we are confident that we can take our business to the next level.”

DFW Capital Partners’ Managing Partner Keith Pennell also commented on the investment, stating, “We are excited to partner with Kept Companies and support their growth strategy. The company has a proven business model and a strong management team, and we believe that our investment will help them achieve their goals.”

The investment in Kept Companies is another example of the growing interest in the trucking industry from private equity firms. With the increasing demand for transportation services, companies that provide essential services to the trucking industry, such as Kept Companies, are well-positioned for growth.

In conclusion, the investment from DFW Capital Partners in Kept Companies is a significant milestone for the franchise and the truck washing industry as a whole. The partnership will provide Kept Companies with the resources it needs to expand its reach and enhance its technology platform, while also enabling DFW Capital Partners to invest in a promising business with a proven track record of success.

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• Source: https://zephyrnet.com/dfw-capital-invests-in-truck-washing-franchise-kept-companies-pe-hub/