El Car Wash Acquires Octopus Car Wash

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

Deal Overview
Purchase Date
September 24, 2024
Primary State
Florida
Sites Bought
1
Sites
Deal Value
Undisclosed
Transaction Synopsis
  • El Car Wash acquired Octopus Car Wash located in Winter Springs, expanding its portfolio in the Orlando region.
  • The acquisition complements ECW's existing locations in Dr. Phillips and Altamonte Springs, with new stores planned in Lake Nona, Boggy Creek, and Longwood.
Market Significance
  • Further strengthens El’s presence in Central Florida's growing car wash market.
  • Supports El's Orlando market expansion strategy, aligning with future store developments.
Client Impact
Management Commentary