M&A Deal Summary

Express Wash Acquires Fins Car Wash

On July 1, 2024, Express Wash acquired consumer services company Fins Car Wash

Acquisition Highlights
  • This is Express Wash’s 1st transaction in the Consumer Services sector.
  • This is Express Wash’s 2nd transaction in the United States.
  • This is Express Wash’s 2nd transaction in North Carolina.

M&A Deal Summary
Date 2024-07-01
Target Fins Car Wash
Sector Consumer Services
Buyer(s) Express Wash
Deal Type Add-on Acquisition

Target

Fins Car Wash

Charlotte, North Carolina, United States
Fins Car Wash is an exterior-only wash with 13 locations in Charleston, SC, Greenville, SC, Wilmington, NC, Greensboro, NC, and Winston-Salem, NC with plans to continue expanding throughout the Carolinas. Fins Car Wash is headquartered in Charlotte, North Carolina.

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Buyer(S) 1

Buyer

Express Wash

Charlotte, North Carolina, United States
Category Company
Sector Consumer Services
DESCRIPTION

Express Wash leverages technology and innovation in offering car washes. It delivers consumers and teammates on-premise experience, including its Unlimited Fast Pass Membership Program, free towels, free vacuums, and free mat washing stations. Express Wash was founded in 2014 and is headquartered in Charlotte, North Carolina.

DEAL STATS #
Overall 2 of 2
Sector (Consumer Services) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (North Carolina) 2 of 2
Country (United States) 2 of 2
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-25 Magnolia Wash

Charlotte, North Carolina, United States

Magnolia Wash operates several express wash brands throughout Alabama, South Carolina, North Carolina, Florida, Georgia, Virginia, Ohio and Tennessee all of which deliver a premium on-premise experience including its Unlimited Wash Club Membership Program, free towels, free vacuums and free mat washing stations. Magnolia Wash was formed in 2014 and is based in Charlotte, North Carolina.

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