Magnolia Wash Holdings Acquires Shores Express Car Wash

Shores Express Car Wash was acquired by Magnolia Wash Holdings on May 26, 2022.

OverviewMarketImpactCommentary
Deal Overview
Purchase Date
May 26, 2022
Primary State
North Carolina
Sites Bought
3
Sites
Deal Value
Undisclosed
Transaction Synopsis

Magnolia Wash Holdings acquires entire Shores Express Car Wash portfolio.

Market Significance

The car wash behemoth continues its stretch of acquiring local washes designated in areas expected to grow while simultaneously synergizing with locations in their existing markets.

Client Impact
Management Commentary