M&A Deal Summary |
|
|---|---|
| Date | 2021-01-07 |
| Target | Fast Trac Express Car Wash - Two Express Conveyor Car Washes |
| Sector | Automotive |
| Buyer(s) | Mammoth Holdings |
| Sellers(s) | Fast Trac Express Car Wash |
| Deal Type | Divestiture |
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| Category | Company |
|---|---|
| Founded | 2002 |
| Sector | Consumer Services |
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 STATS | # |
|---|---|
| Overall | 8 of 18 |
| Sector (Automotive) | 1 of 6 |
| Type (Divestiture) | 1 of 2 |
| State (Alabama) | 3 of 4 |
| Country (United States) | 8 of 18 |
| Year (2021) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-11-02 |
Papa s Express Tunnel Car Wash
Saratoga Springs, Utah, United States Formed in 2017, Papa's Express Tunnel Car Wash is a provider of express conveyor car wash based in Saratoga Springs, Utah. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-03-08 |
Lulu s Car Wash
Martinez, Georgia, United States Lulu's operates express conveyor car washes in Augusta, Georgia, and Aiken, South Carolina. Lulu's was founded by Carlos Marban and Robert Black in 2005. |
Buy | - |
Fast Trac Express Car Wash own and operate three express conveyor car washes in Madison County, Alabama. Fast Trac was founded by HM Nowlin in 2008 and is based in Tuscaloosa, Alabama.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Automotive) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Alabama) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2021) | 1 of 1 |
