Add-on Acquisition • Automotive

El Car Wash Acquires Sunshine State Car Wash

On July 26, 2022, El Car Wash acquired automotive company Sunshine State Car Wash

Acquisition Context
  • This is El Car Wash’s 3rd transaction in the Automotive sector.
  • This is El Car Wash’s 3rd transaction in the United States.
  • This is El Car Wash’s 3rd transaction in Florida.

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M&A Deal Summary

Date July 26, 2022
Target Sunshine State Car Wash
Sector Automotive
Buyer(s) El Car Wash
Deal Type Add-on Acquisition

Target Company

Sunshine State Car Wash

Sunrise, Florida, United States
Sunshine State Car Wash is a car wash company, based in Sunrise, Florida.
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Buyer Overview 1

Buyer

El Car Wash

Miami, Florida, United States

Category Company
Founded 2011
Sector Automotive
DESCRIPTION

El Car Wash is a provider of quick, convenient, and spotless carwash services with 17 operating sites and a development pipeline throughout the state. El Car Wash was founded in 2011 and is based in Miami, Florida.


Deal Context for Buyer #
Overall 3 of 10
Sector: Automotive 3 of 10
Type: Add-on Acquisition 3 of 9
State: Florida 3 of 10
Country: United States 3 of 10
Year: 2022 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-29 Wash & Wax

North Palm Beach, Florida, United States

Wash & Wax is an express, ride-thru car wash with numerous car wash options and always free self-serve vacuums. Wash & Wax is based in North Palm Beach, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-26 Bill s Car Wash - Three locations

Orlando, Florida, United States

Bill's Car Wash's Three locations accelerates expansion up the I-95 corridor in advance of the opening of a large pipeline of stores that we have assembled in the region. Bill's Car Wash's Three locations are based in Orlando, Florida.

Buy -