Spotless Brands acquires Mr. Klean

Mr. Klean was acquired by Spotless Brands on Oct 13, 2022.

OverviewMarketImpactCommentary
Deal Overview
Purchase Date
October 13, 2022
Primary State
Oklahoma
Sites Bought
3
Sites
Deal Value
Undisclosed
Transaction Synopsis
  • Baltimore-Based Spotless Brands acquired 3 new Okie Express Auto Wash locations in the Tulsa, Oklahoma area. 
  • Spotless Brands will continue to operate these newly acquired locations under the Okie Express brand, which already has close to 20 locations in the Oklahoma City area.
  • Spotless Brands team plans to invest in these new locations to enhance and upgrade existing equipment and introduce their state-of-the-art signature technology to improve the overall car wash experience.
Market Significance
  • Spotless Brands gets closer to its goal of 30 car wash locations in the state of Oklahoma by the end of 2022. 
  • Spotless Brands continues to scale past the Oklahoma area, with its goal to reach 170 car wash locations by the end of 2022.
Client Impact

Spotless Brands continues to gain a foothold in the South Central United States.

Management Commentary

“We are excited to continue our growth across the state of Oklahoma and break into the Tulsa market, pushing us closer to our goal of 30 locations across the state by the end of 2022. We look forward to bringing our trusted name in quality carwashes to the Tulsa area, where customers can expect quick and reliable services all at affordable prices.”

Christian SeemChristian Seem
Christian Seem