Add-on Acquisition • Automotive

Mammoth Holdings Acquires Coastal Carwash

On April 28, 2022, Mammoth Holdings acquired automotive company Coastal Carwash

Acquisition Context
  • This is Mammoth Holdings’ 3rd transaction in the Automotive sector.
  • This is Mammoth Holdings’ 11th transaction in the United States.
  • This is Mammoth Holdings’ 1st transaction in Florida.

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M&A Deal Summary

Date April 28, 2022
Target Coastal Carwash
Sector Automotive
Buyer(s) Mammoth Holdings
Deal Type Add-on Acquisition

Target Company

Coastal Carwash

Bradenton, Florida, United States
Coastal Carwash is a multi-location, exterior express car wash with top-of-the-line equipment. Coastal Carwash operates three express car washes in Florida, with an additional three locations under development. Coastal Carwash was founded in 2016 and is based in Bradenton, Florida.
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Buyer Overview 1

Buyer

Mammoth Holdings

Atlanta, Georgia, United States

Category Company
Founded 2002
Sector Consumer Services
DESCRIPTION

Mammoth Holdings operates 100+ conveyor car washes under the Coastal Carwash, Shine-N-Go, SUDS, Silverstar, Busy Bee, PureMagic, Marc-1, Ultra, Wash Me Fast, Wiggy Wash, Pals, Finish Line, LuLu’s, Ollie’s, PitStop, and Swifty brands in Georgia, Alabama, Kentucky, Illinois, Utah, South Carolina, Mississippi, Louisiana, Indiana, Missouri, Tennessee, North Dakota, South Dakota, Iowa, Nebraska, and Florida. Mammoth Holdings was founded in 2002 and is based in Atlanta, Georgia.


Deal Context for Buyer #
Overall 11 of 18
Sector: Automotive 3 of 6
Type: Add-on Acquisition 10 of 16
State: Florida 1 of 4
Country: United States 11 of 18
Year: 2022 2 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-06 Shine-N-Go Express

Brunswick, Georgia, United States

Shine-N-Go Express is a car wash platform that operates four express car washes in Georgia, with an additional location under development. Shine-N-Go Express was founded in 2008 and is based in Brunswick, Georgia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-12 Jax Kar Wash

East Bradenton, Florida, United States

Jax Kar Wash is a single-site, flex-serve, conveyor car wash company. Jax Kar Wash was formed in 1954 and is based in East Bradenton, Florida.

Buy -