Add-on Acquisition • Automotive

Zips Car Wash Acquires Wiki Wiki Car Wash

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

Acquisition Context
  • 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.

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M&A Deal Summary

Date May 6, 2019
Target Wiki Wiki Car Wash
Sector Automotive
Buyer(s) Zips Car Wash
Deal Type Add-on Acquisition

Target Company

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 Overview 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 Context for Buyer #
Overall 2 of 4
Sector: Automotive 2 of 4
Type: Add-on Acquisition 2 of 4
State: North Carolina 1 of 1
Country: United States 2 of 4
Year: 2019 1 of 1
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
2022-04-21 Fast Trac Car Wash

Rockmart, Georgia, United States

Fast Trac Car Wash owns and operates Car Wash locations across the country. Fast Trac Car Wash is based in Rockmart, Georgia.

Buy -