ModWash successfully completes acquisition of five sites from large express platform Zips Car Wash.
Two locations, Stanford and Winston-Salem, North Carolina, were previously open and operating as Zips Express while the locations in Moon, Pennsylvania, Wilkins, Pennsylvania, and Eden, North Carolina, will be opening for the first time under the ModWash brand, the release stated.
Market Significance
These new acquisitions are part of the ModWash’s rapid, strategic growth plan, deploying over $200 million in capital over the course of 24 month