Jax Kar Wash Acquires Clean View Auto Wash

Clean View Auto Wash was acquired by Jax Kar Wash on Oct 03, 2024.

OverviewMarketImpactCommentary
Deal Overview
Purchase Date
October 3, 2024
Primary State
Michigan
Sites Bought
10
Sites
Deal Value
Undisclosed
Transaction Synopsis
  • Jax Kar Wash, a TRP Capital portfolio company, acquired Clean View Auto Wash, encompassing 10 locations—5 currently operational, with 5 more scheduled to open within by the end of next year.
  • This acquisition aligns with Jax Kar Wash’s growth strategy, enabling expansion into new areas within Michigan.
  • Car Wash Advisory facilitated the transaction, representing Clean View Auto Wash.

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Market Significance
  • The acquisition significantly expands Jax Kar Wash’s footprint in Michigan, ensuring continued growth as new locations become operational.
  • The deal strengthens Jax’s competitive advantage by rapidly scaling its presence in the Metro-Detroit market.

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Client Impact
Management Commentary

"Clean View Auto Wash aligns perfectly with Jax's strategy, providing a key opportunity to enhance their market presence in Michigan. This acquisition significantly fortifies Jax's competitive position, helping them cement their leadership as a super-regional player."

Harry Caruso, Founder of Car Wash AdvisoryHarry Caruso, Founder of Car Wash Advisory
Harry Caruso, Founder of Car Wash Advisory