M&A Deal Summary

WhiteWater Acquires Soapy Joe’s Auto Wash

On December 8, 2021, WhiteWater acquired automotive company Soapy Joe’s Auto Wash

Acquisition Highlights
  • This is WhiteWater’s 10th transaction in the Automotive sector.
  • This is WhiteWater’s 10th transaction in the United States.
  • This is WhiteWater’s 1st transaction in Michigan.

M&A Deal Summary

Date 2021-12-08
Target Soapy Joe’s Auto Wash
Sector Automotive
Buyer(s) WhiteWater
Deal Type Add-on Acquisition

Target

Soapy Joe’s Auto Wash

Coldwater, Michigan, United States
Soapy Joe’s Auto Wash is a provider of high-efficiency auto washes that utilize water-saving technology that will get the car clean while using less water than other car washes. Soapy Joe’s Auto Wash is based in Coldwater, Michigan.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

WhiteWater

Tomball, Texas, United States

Category Company
Founded 2016
Sector Consumer Services
DESCRIPTION

WhiteWater owns and operates express exterior car washes, a highly automated car wash model, and generates a significant portion of its revenue from recurring monthly memberships. WhiteWater was founded in 2016 and is based in Tomball, Texas.


DEAL STATS #
Overall 10 of 10
Sector (Automotive) 10 of 10
Type (Add-on Acquisition) 9 of 9
State (Michigan) 1 of 1
Country (United States) 10 of 10
Year (2021) 7 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-08 Bruster’s Car Wash

Lima, Ohio, United States

Bruster’s Car Wash is a five-unit operator that offers an express car wash and many of our locations feature services including propane refill, purified drinking water, a pet wash, and more. Bruster’s Car Wash is based in Lima, Ohio.

Buy -