Zips Car Wash acquires Wiki Wiki

Wiki Wiki Car Wash was acquired by ZIPS Car Wash on May 09, 2019.

Deal Overview
Purchase Date
May 9, 2019
Primary State
North Carolina
Sites Bought
8
Sites
Deal Value
Undisclosed
Transaction Synopsis
  • Zips Car Wash has successfully acquired eight locations from Wiki Wiki Car Wash located in North Carolina.
  • Zips has also obtained two plots of land and intends to construct two cutting-edge facilities in the coming days.
  • "We've admired the success of Wiki Wiki Car Wash over the last few years and can't wait to bring their expertise to our growing team and unique business model," said Brett Overman, Founder and CEO of Zips Car Wash.
Market Significance

This acquisition brings Zips to 166 car wash locations; 17 of which are in North Carolina

Client Impact
Management Commentary