CleanCar
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CleanCar - overview
Location
Dusseldorf, -, Germany
Primary Industry
Retail
About
CleanCar specializes in providing high-quality auto care services, including detailing, paint protection, and specialized cleaning treatments. They cater to both individual car owners and businesses across multiple markets, focusing on vehicle maintenance and appearance enhancement. CleanCar is dedicated to delivering top-notch vehicle care solutions. The company was acquired by Holler-Stiftung for an undisclosed amount in October 2014.
Headquartered in Dusseldorf, Germany, CleanCar was founded by Erwan Pelmoine and has been consistently focused on expanding its service offerings. CleanCar offers a comprehensive suite of auto care services, including exterior and interior vehicle detailing, paint protection, and specialized cleaning treatments. Their core offerings involve hand washing, polishing, waxing, and cleaning various surfaces such as plastics, upholstery, and wheels. Utilizing professional-grade equipment and eco-friendly cleaning products, CleanCar ensures effective care for vehicles of all types, serving a diverse clientele across Germany and other European markets.
In 2023, CleanCar generated revenue amounting to USD 126. 81 bn, with an EBITDA of USD 11. 71 bn. The company’s revenue is derived from direct transactions with customers at its service stations, catering to both individual consumers and fleet operators through various service packages.
CleanCar plans to launch new product lines aimed at expanding service options within the next year. The company is also targeting expansion into additional European markets, leveraging recent funding acquired through its acquisition in 2014. This funding will support the development of new service offerings and enhance operational capacity to meet growing demand.
Primary Industry
Retail
Sub Industries
Automobile Repair
Website
http://www.cleancar.de
Company Stage
Acquired
Total Amount Raised
Subscriber access only
CleanCar - timeline of key events
CleanCar - financials
| Fiscal Year Ended | Sep 30, 2015 | Sep 30, 2016 | Sep 30, 2017 | Sep 30, 2018 | Sep 30, 2019 | Sep 30, 2020 | Sep 30, 2021 | Sep 30, 2022 | Sep 30, 2023 | Sep 30, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 126,395,908.4 | 117,486,141.5 | 121,613,375.4 | 126,775,712 | 114,331,128.7 | 98,903,658.7 | 89,407,656.5 | - | - | - |
| % Revenue Growth (YoY) | - | (7.0%) | 3.5% | 4.2% | (9.8%) | (13.5%) | (9.6%) | - | - | - |
| EBITDA (USD) | 11,812,961.6 | 13,268,521 | 21,881,751.9 | 13,674,616.6 | 11,955,551.4 | 9,929,049.8 | 11,556,401.4 | - | - | - |
| Operating Income (USD) | 7,804,804.2 | 8,856,824.1 | 15,639,186 | 8,759,116 | 6,066,513.3 | 5,668,049.8 | 7,429,755.1 | - | - | - |
| Operating Margin | 6.2% | 7.5% | 12.9% | 6.9% | 5.3% | 5.7% | 8.3% | - | - | - |
| % EBITDA Margin | 9.3% | 11.3% | 18.0% | 10.8% | 10.5% | 10.0% | 12.9% | - | - | - |
| NET Income (USD) | 4,537,853.5 | 5,272,411.3 | 9,863,891.1 | 5,376,792.1 | 3,608,229.6 | 3,356,242.6 | 4,687,777.4 | - | - | - |
| % Net Margin | 3.6% | 4.5% | 8.1% | 4.2% | 3.2% | 3.4% | 5.2% | - | - | - |
CleanCar - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | CleanCar | - | ||||||||
| Growth | Completed | CleanCar | - |
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CleanCar - employee data
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