Zips Car Wash acquires Lightning McClean Car Wash

Lightning McClean Car Wash was acquired by ZIPS Car Wash on Aug 04, 2022.

Deal Overview
Purchase Date
August 4, 2022
Primary State
Virginia
Sites Bought
5
Sites
Deal Value
Undisclosed
Transaction Synopsis
  • Zips has successfully completed the acquisition of five car wash locations from Lightning McClean Car Wash in North Carolina & Virginia. 
  • “This multi-site acquisition allows us to serve more customers in a concentrated area of southern Virginia and northern North Carolina, where we already have a strong presence in surrounding cities,” said Mike Corey, chief development officer for ZIPS Car Wash.
Market Significance

Through this acquisition, ZIPS has extended its presence to new communities, including Danville, Virginia, and Durham, North Carolina.

Client Impact
Management Commentary