Henley Car Wash Expands Fund III to 10 Site Portfolio
Henley Car Wash - September 16, 2025
Henley Car Wash is pleased to announce that, due to significant investor demand, Fund III has been expanded from a 5-site car wash pack to a 10-site portfolio. This strategic expansion underscores the strength of investor confidence in the AquaSonic platform.
AquaSonic Car Wash Announces Opening of Inaugural Location in New Port Richey, Florida
Henley Car Wash - June 25, 2025
AquaSonic Car Wash, announces the grand opening of its first location in New Port Richey, FL on June 25, 2025. AquaSonic is redefining car washing with a next-level experience designed entirely around the customer.
AquaSonic Breaks Ground on Its First Hillsborough County Location, Expanding the Brand’s Florida Footprint
Henley Car Wash - March 18, 2025
AquaSonic Car Wash is excited to announce the groundbreaking of its first location in Hillsborough County, marking another major milestone in the company’s Florida expansion. Situated at 6929 N 56th St, Tampa, FL 33617, this new site will offer state-of-the-art car wash services to the Northeast Tampa and Temple Terrace communities.
AlphaEdge Investment Management Backs AquaSonic in Strategic Growth Partnership
Henley Car Wash - March 10, 2025
AlphaEdge Investment Management, a subsidiary United Heritage Financial Group, announced that it has made a strategic investment in Henley Car Wash's AquaSonic Car Wash.
AlphaEdge combines expertise in traditional insurance portfolio management with a focus on alternative investments. This commitment to innovative growth and strategic investment aligns with AquaSonic’s vision for the future of the car wash industry.
Henley IM launches third US car wash fund
PERE News - August 14, 2024
Henley Investment Management has set out to raise the third fund in a series aimed at building car wash facilities across the Southeast US under its AquaSonic brand. The London-based firm began marketing the strategy in summer 2023 and has raised $35 million in equity together with $45 million in debt across the first two funds.
Henley Car Wash Fund III has a target of $20 million of equity, rising to $50 million including leverage. The firm expects to launch the fourth fund in the series by year-end with the same target, which would take the program to $180 million of total capital.
AquaSonic Car Wash Breaks Ground on First Florida Car Wash Location
Breaking News - August 12, 2024
AquaSonic Car Wash has officially broken ground on its first car wash location in Florida. Located at 6818 US Hwy 19, this location is strategically positioned to serve the New Port Richey and Port Richey residents with state-of-the-art car wash services. This momentous occasion represents a much larger entrance into the car wash industry, as AquaSonic currently has an additional 17 locations in the pipeline across cities in Florida, including Tampa, Orlando, Palm Beach, and Jacksonville.
Tunnel car wash sector set for growth: Ian Rickwood, CEO, Henley Investments
Bloomberg Business - February 21, 2024
Alternative real estate assets are increasing as a focus for investors and Ian Rickwood, CEO at Henley Investments highlights the tunnel car wash sector in the USA as a potential growth market, in an interview with Richard Betts of Real Asset Media.
“The reason why we got into the business in the first place was because the macros were so strong. We like it because it’s a just-under $20 billion market; it’s growing at 6% CAGR (compound annual growth rate); there are about 60,000 car washes in the US and yet the single biggest brand has only about 440, so it’s incredibly fragmented."
Why are there suddenly so many car washes?
Bloomberg Business - February 21, 2024
The car wash boom reflects a broader shift away from do-it-yourself car care habits. The number of washes done at professional facilities jumped from 50% in 1996 to 79% in 2021, according to the International Car Wash Association.
“We think this is the coffee market in the early ’90s, when Starbucks got going,” said Ian Rickwood, CEO and founder of Henley Investment Management. “One came to town, and people said, ‘$5 for a coffee, surely nobody will buy more than one cup a day.’ And of course...the category expanded because people began to change their habits.”
Henley Investment Drives Into US Car Wash Market
CoStar - January 22, 2024
Henley Investment Management, the international investment and fund management firm focused on private equity real estate, has bought its first and second sites in Tampa, Florida, for a US car wash investment platform it intends to build to 100 locations by 2028.
Land acquisition Project Management of
Permit Approvals
Architecture & design
Project Management of build programme
Best in class wash equipment & chemistry technology
Formidable customer loyalty programme management
Tax optimisation
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