Mister Car Wash acquires Waterdrops

Waterdrops Express Car Wash was acquired by Mister Car Wash on Oct 03, 2019.

Deal Overview
Purchase Date
October 3, 2019
Primary State
California
Sites Bought
7
Sites
Deal Value
Undisclosed
Transaction Synopsis
  • Mister has successfully completed the acquisition of seven express sites from Waterdrops in the California market.
  • “We are delighted to add Waterdrops Express Car Wash to the Mister Car Wash team,” said Casey Lindsay, vice president of corporate development. “We’ve experienced a great deal of growth in California and are thrilled to continue to expand and add more locations in Southern California.”
Market Significance

The acquisition gives Mister a total of 37 locations in the California market, and in total operates 316 car washes in 21 states

Client Impact
Management Commentary