Investment Summary

Kensington Capital Partners Invests In Mint Smartwash

On October 30, 2020, private equity firm Kensington Capital Partners invested in automotive company Mint Smartwash

Investment Highlights
  • This is Kensington Capital Partners’ 2nd transaction in the Automotive sector.
  • This is Kensington Capital Partners’ 16th transaction in Canada.
  • This is Kensington Capital Partners’ 2nd transaction in Alberta.

Investment Summary
Date 2020-10-30
Target Mint Smartwash
Sector Automotive
Investor(s) Kensington Capital Partners
Deal Type Stake Purchase

Target

Mint Smartwash

Calgary, Alberta, Canada
Mint Smartwash is a developer and operator of high-volume express car wash tunnels utilizing state-of-the-art technology to deliver superior value to its customers. In comparison to alternatives, Mint offers faster wash times, a superior water reclamation process that recycles up to 80% of wash water and employs the use of environmentally friendly soaps, polishes, and waxes during the process. Mint Smartwash was founded in 2015 and is based in Calgary, Alberta.

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Investor(S) 1

Investor

Kensington Capital Partners

Toronto, Ontario, Canada

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1996
PE ASSETS 2.8B CAD
Size Large
Type Sector Agnostic
DESCRIPTION

Kensington Capital Partners is a Canadian alternative asset manager focused on hedge funds, private equity, and infrastructure assets. Kensington makes private equity investments through its fund-of-funds and direct co-investment programs. Kensington Capital was formed in 1996 and is based in Toronto.

DEAL STATS #
Overall 22 of 25
Sector (Automotive) 2 of 2
Type (Stake Purchase) 2 of 2
State (Alberta) 2 of 2
Country (Canada) 16 of 19
Year (2020) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-02 Mobile Klinik

Ottawa, Ontario, Canada

Mobile Service Center Canada Ltd. is a chain of professional smartphone repair stores operating under the ‘Mobile Klinik’ brand specializing in immediate repair of mobile phones and tablets for consumers with a swift, high quality and standardized service level. Mobile Service Center Canada was founded in 2015 and is based in Ottawa, Ontario.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-16 Kinetrex Energy

Indianapolis, Indiana, United States

Kinetrex Energy is a turn-key provider of environmentally friendly renewable natural gas (RNG) and liquid natural gas (LNG) solutions to customers in the transportation, industrial, agricultural, utility, and power industries. Kinetrex Energy is based in Indianapolis, Indiana.

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Mergr

Product

Company

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