25 Apr, 2025

AEA acquires Splash Car Wash; Sandberg, ARX acquire Travelnode

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By S&P Global Market Intelligence


Deal Wrap is updated as of 3 p.m. ET.

– Shanghai Yunxin Venture Capital Co. Ltd. is set to sell a 13.5% stake in enterprise management software business Shenzhen Sixun Software Co. Ltd to Beijing Shiji Information Technology Co. Ltd., according to S&P Global Market Intelligence data.

– AEA Investors LP acquired a majority stake in car wash operator Splash Car Wash Inc. from Palladin Consumer Retail Partners LLC

– Sandberg Capital, Správ. Spol., A.S. and Arx Equity Partners Ltd. acquired a majority stake in Travelnode GmbH, a provider of software for hotels and campsites. Mamić Perić Reberski Rimac, Bär & Karrer and JŠK were legal advisers to Sandberg and ARX. KPMG acted as financial adviser.

For more private equity deals, read our latest In Play report, which looks at potential private equity-backed M&A, including rumored transactions, each week.