Whitewater Express Car Wash completes 4 acquisitions

Sully’s Car Wash was acquired by WhiteWater Express Car Wash on Aug 08, 2022.

OverviewMarketImpactCommentary
Deal Overview
Purchase Date
August 8, 2022
Primary State
Texas
Sites Bought
4
Sites
Deal Value
Undisclosed
Transaction Synopsis
  • WhiteWater Express Car Wash announced the successful acquisition of four car wash locations across multiple Texas markets. 
  • These acquisitions include Sully’s Car Wash in Fort Worth, Top Soap Car Wash in Conroe, O-So Clean Car Wash in Waco, and Northlake Car Wash in Irving, all in the state of Texas. 
  • All of these new locations will be rebranded under the WhiteWater Express brand.
Market Significance
  • With this acquisition, WhiteWater Express Car Wash now has a presence across 5  states with 68 locations. 
  • At the time of this writing, Whitewater Express has 12 additional locations under construction and more acquisitions in progress.
Client Impact
Management Commentary

“We are extremely excited to welcome the new team members from each of these acquisitions. We now have over 750 employees, which are the lifeblood of our business. Furthermore, we are excited to work with both the O-So Clean and Sully’s ownership groups on developing additional sites.”

Steve Mathis, WhiteWater CEOSteve Mathis, WhiteWater CEO
Steve Mathis, WhiteWater CEO