Magnolia Wash Holdings has completed the acquisition of 16 car washes across four different transactions and three states.
These transactions included the acquisition of car wash locations from RipTide Car Wash, Whatta Wash, Splash-N-Dash, and Pirates Cove Car Wash in North Carolina, Virginia, and South Carolina.
Magnolia now operates 35 express car washes in the Southeastern United States, with locations spanning from Florida to Virginia.
Market Significance
Magnolia continues to execute its strategy of creating regional density in the Southeastern United States.
Magnolia operates several brands across the Southeastern U.S market.
Magnolia Wash Holdings is currently pursuing acquisitions in both new and existing markets in the Southeastern United States.
