🚙New Chapter 11 Bankruptcy Filing - Zip's Car Wash LLC🚙

PE roll-up needs to wash some debt away to get back on a growth trajectory.

While the investment bankers ring the cash registers on liability management exercises, most of the rest of the restructuring ecosystem, i.e., financial advisors, claims agents, et al., are left with scraps. At least in the case of Arkansas-based Zips Car Wash LLC (“Zips”) there’s an actual plan of reorganization in the mix, rather than a plan of liquid…