M&A Deal Summary

Zips Car Wash Acquires Boomerang Carwash

On August 31, 2016, Zips Car Wash acquired automotive company Boomerang Carwash

Acquisition Highlights
  • This is Zips Car Wash’s 1st transaction in the Automotive sector.
  • This is Zips Car Wash’s 1st transaction in the United States.
  • This is Zips Car Wash’s 1st transaction in Arkansas.

M&A Deal Summary
Date 2016-08-31
Target Boomerang Carwash
Sector Automotive
Buyer(s) Zips Car Wash
Deal Type Add-on Acquisition

Target

Boomerang Carwash

Little Rock, Arkansas, United States
website
Boomerang Carwash is a carwash company. Boomerang Carwash owns and operates 31 Boomerang Carwash facilities in 6 states.

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Buyer(S) 1

Buyer

Zips Car Wash

Plano, Texas, United States

website

Category Company
Founded 2004
Sector Automotive
DESCRIPTION

Zips Car Wash offers four levels of car wash packages in the convenient form of a ride-thru car wash experience. Zips Car Wash also offers free self-serve vacuums and Unlimited Wash Club Memberships at most locations. Zips Car Wash was founded in 2004 and is based in Plano, Texas.

DEAL STATS #
Overall 1 of 5
Sector (Automotive) 1 of 4
Type (Add-on Acquisition) 1 of 5
State (Arkansas) 1 of 1
Country (United States) 1 of 5
Year (2016) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-06 Wiki Wiki Car Wash

Charlotte, North Carolina, United States

Wiki Wiki Car Wash offers cutting edge drive-thru carwash technology to provide the best value in self-service cleaning and protection of vehicle in only three minutes. Wiki Wiki wash smart by recycling water and using biodegradable detergents to help maintain most precious resource – clean water. Finally, a carwash that makes the car look as good as you feel about using it!

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