Mammoth has acquired Silverstar Car Wash, a 14-site operator based in the Midwest.
The sites are located across North Dakota, South Dakota, Iowa, and Nebraska.
Dave Hoffmann, Mammoth's Chairman and CEO, explained, "The Silverstar team are world-class operators and have quickly built an impressive footprint in the Sioux Falls and Sioux City markets." He added, "Silverstar has taken a unique approach to development that we will continue to leverage across our operator-led platform, in addition to learning from their best-in-class operations."
Market Significance
Silverstar's ownership group made a significant equity investment in Mammoth.
