M&A Deal Summary

WhiteWater Express Car Wash Acquires HyperShine Car Wash - 10 Car Wash Locations

On April 1, 2021, WhiteWater Express Car Wash acquired automotive company HyperShine Car Wash - 10 Car Wash Locations from HyperShine Car Wash

Acquisition Highlights
  • This is WhiteWater Express Car Wash’s 4th transaction in the Automotive sector.
  • This is WhiteWater Express Car Wash’s 4th transaction in the United States.
  • This is WhiteWater Express Car Wash’s 1st transaction in Illinois.

M&A Deal Summary

Date 2021-04-01
Target HyperShine Car Wash - 10 Car Wash Locations
Sector Automotive
Buyer(s) WhiteWater Express Car Wash
Sellers(s) HyperShine Car Wash
Deal Type Divestiture

Target

HyperShine Car Wash - 10 Car Wash Locations

Dacatur, Illinois, United States
10 HyperShine Car Wash locations are in Ohio, Kentucky, and Michigan. WhiteWater and HyperShine will jointly develop car washes via an ongoing development partnership, targeting an incremental 20 locations across Ohio, Kentucky, and Michigan over the next three years.

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Buyer(S) 1

Buyer

WhiteWater Express Car Wash

Houston, Texas, United States

Category Company
Founded 2016
Sector Consumer Services
DESCRIPTION

WhiteWater Express Car Wash 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 Express Car Wash was founded in 2016 and is based in Houston, Texas.


DEAL STATS #
Overall 4 of 11
Sector: Automotive M&A 4 of 10
Type: Divestiture M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 4 of 11
Year: 2021 M&A 1 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-22 Jerry’s Express Car Wash

United States

Jerry’s Express Car Wash is an express car wash provider across the Dallas-Fort Worth market.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-08 Tulsa Express

Tulsa, Oklahoma, United States

Tulsa Express is an express car wash platform provider across Tulsa. Tulsa Express is based in Tulsa, Oklahoma.

Buy -

Seller(S) 1

SELLER

HyperShine Car Wash

Dacatur, Illinois, United States

Category Company
Sector Automotive
DESCRIPTION

HyperShine Car Wash is an express car wash that offers drying towels, hyper shine window and Multipurpose cleaners and free vacuums with any wash.


DEAL STATS #
Overall 1 of 1
Sector: Automotive M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1