Car wash operator Zips Car Wash has filed for bankruptcy with a plan to hand over control of the business to its private ...

One fund marked it at 93 cents on the dollar. Another had it at 94 cents. A couple more kept it as high as 95 cents.Most Read ...

Zips Car Wash filed for bankruptcy protection in Texas on Wednesday, seeking to cut $279 million in debt and hand control of the business to its lenders.

and C Street Advisory Group is serving as strategic communications advisor. ZIPS has retained Hilco Real Estate LLC to assist with lease negotiations. About ZIPS Car Wash ...

Car wash operator Zips Car Wash has filed for bankruptcy with a plan to hand over control of the business to its private credit lenders. The company filed for Chapter 11 in Dallas on Wednesday with ...

The Plano car wash operator has filed multiple voluntary Chapter 11 bankruptcies, expecting to quickly emerge under new ownership.

Zips Car Wash, LLC (together with its affiliates ... by approximately $279 million and secure $15 million of new capital to support the restructured business and future strategic initiatives.