M&A Deal Summary

Zips Car Wash Acquires Boomerang Carwash

On August 31, 2016, Zips Car Wash acquired automotive company Boomerang Carwash

Acquisition Highlights
  • This is Zips Car Wash’s 1st transaction in the Automotive sector.
  • This is Zips Car Wash’s 1st transaction in the United States.
  • This is Zips Car Wash’s 1st transaction in Arkansas.

M&A Deal Summary
Date 2016-08-31
Target Boomerang Carwash
Sector Automotive
Buyer(s) Zips Car Wash
Deal Type Add-on Acquisition

Target

Boomerang Carwash

Little Rock, Arkansas, United States
Boomerang Carwash is a carwash company. Boomerang Carwash owns and operates 31 Boomerang Carwash facilities in 6 states.

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Buyer(S) 1

Buyer

Zips Car Wash

Plano, Texas, United States
Category Company
Founded 2004
Sector Automotive
DESCRIPTION

Zips Car Wash offers four levels of car wash packages in the convenient form of a ride-thru car wash experience. Zips Car Wash also offers free self-serve vacuums and Unlimited Wash Club Memberships at most locations. Zips Car Wash was founded in 2004 and is based in Plano, Texas.

DEAL STATS #
Overall 1 of 5
Sector (Automotive) 1 of 4
Type (Add-on Acquisition) 1 of 5
State (Arkansas) 1 of 1
Country (United States) 1 of 5
Year (2016) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-06 Wiki Wiki Car Wash

Charlotte, North Carolina, United States

Wiki Wiki Car Wash offers cutting edge drive-thru carwash technology to provide the best value in self-service cleaning and protection of vehicle in only three minutes. Wiki Wiki wash smart by recycling water and using biodegradable detergents to help maintain most precious resource – clean water. Finally, a carwash that makes the car look as good as you feel about using it!

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