Raceway Car Wash Acquires Sunset Car Wash

Sunset Car Wash was acquired by Raceway Express Car Wash on Aug 26, 2024.

Deal Overview
Purchase Date
August 26, 2024
Primary State
Texas
Sites Bought
1
Sites
Deal Value
Undisclosed
Transaction Synopsis
  • Raceway Car Wash acquired Sunset Car Wash in Irving, TX, along with two Landshark Car Wash locations in Carrollton and Plano, TX, as part of its expansion strategy in the Dallas area.
  • The newly acquired stores will be rebranded and integrated into Raceway’s standardized wash protocols, enhancing their consistency and service quality across locations.
Market Significance
  • This acquisition expands Raceway Car Wash's footprint in Texas, bringing their total number of locations nationwide to 43, reinforcing their presence in the Greater Dallas area.
  • The move signifies Raceway’s commitment to scaling up in competitive markets by acquiring strategically located car washes and integrating them into its national membership network.
Client Impact
Management Commentary

“We are excited to welcome three outstanding car washes to the Raceway family in the Dallas market.”

Andrew Schell, COO and Director of M&A of Raceway Car WashAndrew Schell, COO and Director of M&A of Raceway Car Wash
Andrew Schell, COO and Director of M&A of Raceway Car Wash