M&A Deal Summary

Mister Car Wash Acquires Downtowner Car Wash

On December 7, 2021, Mister Car Wash acquired consumer services company Downtowner Car Wash

Acquisition Highlights
  • This is Mister Car Wash’s 6th transaction in the Consumer Services sector.
  • This is Mister Car Wash’s 10th transaction in the United States.
  • This is Mister Car Wash’s 2nd transaction in Florida.

M&A Deal Summary

Date 2021-12-07
Target Downtowner Car Wash
Sector Consumer Services
Buyer(s) Mister Car Wash
Deal Type Add-on Acquisition

Target

Downtowner Car Wash

Cape Coral, Florida, United States
Downtowner Car Wash operates Car Wash centers that specialize in a variety of washing and detailing services. Downtowner Car Wash was founded in 1978 and is based in Cape Coral, Florida.

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Buyer(S) 1

Buyer

Mister Car Wash

Tucson, Arizona, United States

Category Company
Founded 1996
Sector Consumer Services
Employees6,600
Revenue 927M USD (2023)
DESCRIPTION

Mister Car Wash operates car washes and lube centers across the US. Mister Car Wash was founded in 1996 and is headquartered in Tucson, Arizona.


DEAL STATS #
Overall 10 of 13
Sector (Consumer Services) 6 of 8
Type (Add-on Acquisition) 9 of 12
State (Florida) 2 of 3
Country (United States) 10 of 13
Year (2021) 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-16 Daddy O s Car Wash

El Paso, Texas, United States

Daddy O's Car Wash provides a wide variety of services and detailing to handle all of car care needs. Daddy O's Car Wash is based in El Paso, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-21 Clean Streak Ventures

Altamonte Springs, Florida, United States

Clean Streak Ventures is an express car wash platform operating under the Clean Machine and Top Dog Express brands. It provides modern express car wash locations on prime real estate with excellent wash quality and differentiated service for a growing base of recurring subscription members. Clean Streak Ventures is based in Altamonte Springs, Florida.

Buy $390M