Magnolia Wash Holdings acquires Pirates Cove Car Wash

Pirates Cove Car Wash was acquired by Magnolia Wash Holdings on Sep 08, 2022.

OverviewMarketImpactCommentary
Deal Overview
Purchase Date
September 8, 2022
Primary State
North Carolina
Sites Bought
4
Sites
Deal Value
Undisclosed
Transaction Synopsis
  • Magnolia Wash Holdings acquired four new sites from Pirates Cove Car Wash
  • “We are proud to have met the objectives of these sellers and are excited to welcome our new teammates to the Magnolia family,” stated Kyle Poyer, chief financial officer of Magnolia.
Market Significance

Magnolia Wash Holdings is currently pursuing acquisitions in both new and existing markets in the Southeastern United States.

Client Impact
Management Commentary

"We are proud to have met the objectives of these sellers and are excited to welcome our new teammates to the Magnolia family."

Kyle Poyer, CFO of MagnoliaKyle Poyer, CFO of Magnolia
Kyle Poyer, CFO of Magnolia