M&A Deal Summary

Car Wash Owners Network Acquires Okie Express Auto Wash

On January 14, 2021, Car Wash Owners Network acquired consumer services company Okie Express Auto Wash

Acquisition Highlights
  • This is Car Wash Owners Network’s 2nd transaction in the Consumer Services sector.
  • This is Car Wash Owners Network’s 2nd transaction in the United States.
  • This is Car Wash Owners Network’s 1st transaction in Oklahoma.

M&A Deal Summary
Date 2021-01-14
Target Okie Express Auto Wash
Sector Consumer Services
Buyer(s) Car Wash Owners Network
Deal Type Add-on Acquisition

Target

Okie Express Auto Wash

Moore, Oklahoma, United States
website
Okie Express owns and operates express car wash locations known across Oklahoma City. The Company is known for its superior customer service, convenient locations, exceptional wash quality and speed. Okie washes more than one million cars annually and supports multiple local charities.

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Buyer(S) 1

Buyer

Car Wash Owners Network

Phoenix, Arizona, United States

website

Category Company
Founded 2019
Sector Consumer Services
DESCRIPTION

Car Wash Owners Network was established in 2019 with the singular purpose of partnering with best-of-breed car wash operators who are committed to growing their businesses and being leaders within their markets.

DEAL STATS #
Overall 2 of 3
Sector (Consumer Services) 2 of 3
Type (Add-on Acquisition) 2 of 3
State (Oklahoma) 1 of 1
Country (United States) 2 of 3
Year (2021) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-06 Cobblestone Auto

Phoenix, Arizona, United States

Cobblestone is a premier car care destination, offering multiple different services including car washing (full service and express), oil changes, and detailing. With locations in Arizona and Colorado, the Company provides unparalleled service, products, and customer experience, all at competitive prices and at a quick, efficient pace.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-12 Flagship Car Wash

Chantilly, Virginia, United States

Flagship Car Wash is a car wash operator in the Mid-Atlantic offering express, full-, and flex-serve car wash services. Flagship Car Wash was founded in 1983 and is based in Chantilly, Virginia.

Buy -
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