M&A Deal Summary

Zips Car Wash Acquires Wiki Wiki Car Wash

On May 6, 2019, Zips Car Wash acquired automotive company Wiki Wiki Car Wash

Acquisition Highlights
  • This is Zips Car Wash’s 2nd transaction in the Automotive sector.
  • This is Zips Car Wash’s 2nd transaction in the United States.
  • This is Zips Car Wash’s 1st transaction in North Carolina.

M&A Deal Summary
Date 2019-05-06
Target Wiki Wiki Car Wash
Sector Automotive
Buyer(s) Zips Car Wash
Deal Type Add-on Acquisition

Target

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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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 2 of 5
Sector (Automotive) 2 of 4
Type (Add-on Acquisition) 2 of 5
State (North Carolina) 1 of 1
Country (United States) 2 of 5
Year (2019) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-31 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-22 Time To Shine Car Wash

Powell, Tennessee, United States

Time To Shine Car Wash providing a high-quality car wash in a clean, comfortable environment every time! Time To Shine Car Wash offer free vacuums, towels, window cleaner, and use of mat cleaner so you can leave with a vehicle that is spotless inside and out.

Buy -
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