Telepass acquires 70% of Wash Out

16 June 2020

Wash Out is a startup that performs ecofriendly car washing customized to suit each client and it just finalized the selling of 70% of its shares package to Telepass. This acquisition is part of the Telepass strategy "Safe & Clean" that offers to customers a more complete platform of mobility digital services with the objective to guarantee top safety reducing the physical contacts by its cashless nature and its highly sanitized vehicles. The common denominator of these key points is the "green soul" that has always been the pillar of the Telepass's mobility style and its the base of the partnership with Wash Out that shares the same attention to enviromental impact.

Telepass's CEO Gabriele Benedetto said: "We believed since the very beginning in the Wash Out business model, whish is based on sustainability and on the important need of all drivers to have clean and sanitized vehicles. Making this strong partnerhsip is for us an important step for our strategy "Safe and Clean" which has resulted to be a winner during this particular historical moment. Today more than ever we work to make our customers mobility experience easier and safer starting to build new integrated experiences capable of offering the service you need when you need it. Starting today, all our customers who use the Street Parking, can request with only one tap a car-wash at the end of their parking. We will also work on creating subscription forms for our customers who have purchased vehicles or insurance policies connected to Teleppass. Wash Out is now a key service in the transformation process of Telepass which will be completed in 2021".

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