Is Private Capital Still Betting on Tampa Bay Car Washes?
Private capital is still flowing, but a crowded market is changing what investors will back.
Private capital is still flowing, but a crowded market is changing what investors will back.
For years, Tim Coop watched Tampa Bay entrepreneurs build companies, borrow money from his bank and run their operating accounts through it. Then private-equity firms began buying them at an increased pace, repaying the loans at closing and taking the banking relationships along with the businesses. “I can remember five years ago discussing the high … Read more
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