M&A Deal Summary

International Car Wash Group Acquires TLC Xpress Carwash

On November 14, 2019, International Car Wash Group acquired consumer services company TLC Xpress Carwash

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

M&A Deal Summary
Date 2019-11-14
Target TLC Xpress Carwash
Sector Consumer Services
Buyer(s) International Car Wash Group
Deal Type Add-on Acquisition

Target

TLC Xpress Carwash

Fayetteville, North Carolina, United States
TLC Xpress Carwash is a family-owned and largest express car wash businesses operated staple of the Fayetteville, NC community.

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Buyer(S) 1

Buyer

International Car Wash Group

Centennial, Colorado, United States
Category Company
Founded 1965
Sector Consumer Services
DESCRIPTION

International Car Wash Group is a large local car wash conglomerate washing millions of cars across North America and Europe. The Company was established in 1965 and is headquartered in Centennial, Colorado.

DEAL STATS #
Overall 2 of 4
Sector (Consumer Services) 1 of 3
Type (Add-on Acquisition) 1 of 3
State (North Carolina) 1 of 1
Country (United States) 2 of 4
Year (2019) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-06 Car Wash USA Express

United States

Car Wash USA Express is an exterior express car wash service provider.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-08 Village Express Car Wash

Orange Village, Ohio, United States

Village Express Car Wash offers vehicle washing services as well as attended fuel pumps. Village Express Car Wash uses a combination of high-pressure water, soft cloth, and the best soaps and waxes to provide you with a safe, thorough wash. Village Express Car Wash was founded in 1970 and is based in Orange Village, Ohio.

Buy -
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