In this episode of Full Cycle, Matt DeWolf sits down with Alex Jekowsky, founder and CEO of Cents, to discuss the company's recently closed Series C funding round, The round finalized at $140 million, and it is the largest outside investment the laundry industry has seen.

The conversation covers what this capital signals about the state of the industry, how Cents plans to deploy the funds, and what operators at every scale should be paying attention to. Matt and Alex dig into the data Cents has gathered processing over $1.5 billion in annual payments across more than 4,500 locations, and what that data reveals about how the best operators run their businesses. They also discuss the rise of private equity in laundry, why consolidation should not be feared, and how independent owners can use agility as a competitive edge.

Thanks for giving us a turn.

In this episode of Full Cycle, Matt DeWolf sits down with Alex Jekowsky, founder and CEO of Cents, to discuss the company's recently closed Series C funding round, The round finalized at $140 million, and it is the largest outside investment the laundry industry has seen.

The conversation covers what this capital signals about the state of the industry, how Cents plans to deploy the funds, and what operators at every scale should be paying attention to. Matt and Alex dig into the data Cents has gathered processing over $1.5 billion in annual payments across more than 4,500 locations, and what that data reveals about how the best operators run their businesses. They also discuss the rise of private equity in laundry, why consolidation should not be feared, and how independent owners can use agility as a competitive edge.

Thanks for giving us a turn.

Host Matt DeWolf sits down with Brian Henderson and Ian Gollahon, co-owners of Liberty Laundry and founders of Wash Dry Fold POS, to explore what it takes to run and grow a laundry operation.

Brian Henderson went from studying chemistry to managing, and eventually purchasing, a chain of Oklahoma laundromats from his family. That journey led to the creation of a point-of-sale system now used by over 1,200 laundromats nationwide. Ian Gollahon shares his transition from sales into the laundry business, and together they cover operational systems, making big changes after a generational transfer, and lessons learned along the way.

This conversation gets into valuing a laundromat, financing a major acquisition, building a strong management team, and why documenting your processes matters for long-term success.

Thanks for giving us a turn.