Squeeky's Car Wash Acquires Octopus Car Wash

Octopus Car Wash was acquired by Squeeky's Car Wash on Dec 17, 2024.

Deal Overview
Purchase Date
December 17, 2024
Primary State
Florida
Sites Bought
2
Sites
Deal Value
N/A
Transaction Synopsis
  • Andover Properties acquires three car wash facilities in Florida—Palm Springs, Plant City, and Orlando—expanding its Squeeky’s Car Wash brand footprint in high-traffic markets.
  • All locations will be rebranded to Squeeky’s and upgraded to enhance customer experience, featuring express tunnels, full-service options, and Squeeky’s signature fun, high-quality service.
  • Each site incorporates environmentally friendly technologies and offers flexible membership programs, reinforcing the brand’s commitment to sustainability and customer convenience.
Market Significance

The acquisition of three well-located car wash facilities in Florida marks a significant milestone in Andover Properties’ strategic expansion of its Squeeky’s Car Wash brand, reinforcing its presence in one of the fastest-growing car wash markets in the country. By targeting high-visibility, high-traffic areas like Palm Springs, Plant City, and Orlando, Andover is positioning Squeeky’s as a leading player in the Florida market. The integration of eco-friendly technology and flexible membership offerings not only meets rising consumer demand for sustainable and convenient services but also differentiates Squeeky’s in a competitive landscape. This move reflects broader industry consolidation trends and highlights Andover’s commitment to scaling its car wash portfolio alongside its already dominant position in other alternative asset classes.

Client Impact
Management Commentary