True Blue Car Wash Acquires Three Additional Clean Freak Car Wash Locations

Clean Freak Car Wash was acquired by True Blue Car Wash on Jul 02, 2021.

Deal Overview
Purchase Date
July 2, 2021
Primary State
Arizona
Sites Bought
3
Sites
Deal Value
Undisclosed
Transaction Synopsis

True Blue Car Wash acquires yet another Clean Freak Car Wash package--- totaling three sites with sources stating that two sites were purchased for $8 Million.

Market Significance

This acquisition allows True Blue Car Wash to have a total of fifty-three sites. Out of the fifty-three sites, twenty-one locations continue to operate under Clean Freak's brand name.

Client Impact
Management Commentary