El Car Wash Acquires Downtowner Car Washes

Downtowner Car Wash was acquired by El Car Wash on Sep 24, 2024.

OverviewMarketImpactCommentary
Deal Overview
Purchase Date
September 24, 2024
Primary State
Florida
Sites Bought
2
Sites
Deal Value
Undisclosed
Transaction Synopsis
  • El Car Wash acquired the Downtowner Car Washes located in Naples Florida.
  • This acquisition complements El's previous purchases of Ultimate Express Car Wash and Suncoast Car Wash in 2023.
Market Significance
  • Improves El’s market share and presence in the competitive Naples area.
  • Supports El’s growth strategy in Southwest Florida.
Client Impact
Management Commentary