FOR IMMEDIATE RELEASE
SONNY'S Enterprises, Inc. partners with Sentinel Capital Partners
Tamarac, FL, December 5, 2016 - SONNY'S Enterprises, Inc., the world's largest manufacturer of conveyorized car washing equipment, today announced a partnership with Sentinel Capital Partners, in a move to expand the scope of products and services it provides to its clients.
Washing cars since 1949, SONNY'S will continue to be managed by the same family which has run the business since its inception, led by CEO Paul Fazio. "From the first conversation, it was clear that Sentinel was very different from any other firm that had contacted me in the past. Partnering with them would allow SONNY'S to deliver our clients an even higher level of customer service and one-source access to everything they need for their success. My family will maintain a substantial ownership stake. SONNY'S team will continue to run our company, and we'll be able to quickly expand the number of world class products and services we provide. It's an approach that makes a lot of sense for me, my company, and most importantly, my clients," said Mr. Fazio. "The industry is changing and expanding at a faster pace than we have seen in the past. With Sentinel behind us, SONNY'S can more rapidly deliver the innovations our clients need to grow their businesses."
Sentinel Partners' Scott Perry stated, "SONNY'S is a leading car care platform with strong development and design capabilities, a record of innovation and unparalleled customer relationships. SONNY'S offers an impressive breadth of products and benefits from longstanding sales relationships and distribution channels in North America. We are very excited about the opportunity to help accelerate their growth plans and to partner with Sonny's talented management team and employees. We see a bright future for Sonny's growing both organically and through acquisitions."
About SONNY'S Enterprises, Inc.
SONNY'S Enterprises, Inc. is the largest manufacturer of conveyorized car wash equipment, parts, and supplies in the world. Forward thinking professional car wash investors and owner/operators partner with SONNY'S because of the company's total offering, leadership, and expertise. SONNY'S education and software products support operator profitability and their conveyorized car wash innovations, parts, and supplies keep clients' businesses growing.
About Sentinel Capital Partners
Sentinel is a private equity firm that invests in promising companies in the middle market. They are dedicated to forging partnerships with owners and management teams who want to build their businesses. Based in New York City, Sentinel has approximately $2.6 billion of capital under management. Sentinel's team has a proven record and access to the critical resources growing businesses need with the experience and expertise to execute a wide variety of private equity transactions.