Go Car Wash Acquires Riptide auto Wash

RipTide Auto Wash was acquired by GO Car Wash on Apr 13, 2021.

Deal Overview
Purchase Date
April 13, 2021
Primary State
Texas
Sites Bought
3
Sites
Deal Value
Undisclosed
Transaction Synopsis
  •  GO Car Wash has extended its footprint in Texas by acquiring three Riptide Auto Wash locations in Corpus Christi, Texas.
  • “We are pleased to complete our third acquisition within the Corpus Christi area in the last 4 months. We will continue our rapid expansion through acquisition and development of customer-centric car washes in Texas,” said Chris Andersen, VP of Business Development.
Market Significance

With this acquisition, GO Car Wash will now operate 41 locations in three diverse markets across the United States. This acquisition is the 6th location in Corpus Christi with more in development.

Client Impact
Management Commentary