How a Pittsburgh PE firm built Mr. Magic into a 23-site car wash chain
Incline Equity Partners assembled four local washes in late 2021 and has since grown Mr. Magic to 23 locations, 16 of them in the Pittsburgh area.
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Business
Acquisitions, expansions, financing, and the money moving through the car wash industry.
Quick Quack adds Moreno Valley site with Waterdrops Express buy
The express chain will close the Southern California location immediately for renovations before reopening under the Quick Quack brand.
BlueWave Express adds Pearland, Texas, site through acquisition
The express car wash brand will open the acquired Pearland location in August and plans a ribbon-cutting to mark its expanded footprint in the area.
ClearWater Express reaches 94 Texas sites with Konny's acquisition
The chain took over the Kaufman, Texas location on July 20 and plans equipment upgrades, new cleaning formulas and grand opening events in August.
Summit Wash Holdings crosses 100-location mark since 2022 launch
The membership-focused operator behind Speeders, Russell Speeder's, and Waters Car Wash has grown to more than 100 sites across six states in under four years.
Links Car Wash parent to buy Woodie's Wash Shack, forming 50-site Southeast chain
Back Nine Equity's acquisition will combine two express operators under the Woodie's brand across four states, with the deal expected to close in the coming months.
Sud Stop opens 21st location with new express wash in Clermont
The rapidly growing operator now runs 12 express washes across Florida, marking the debut with free washes and discounted founders club memberships.
Speeders Car Wash opens new Omaha site next to Casey's
The Summit Wash Holdings brand marks 50 years in Omaha with a location built alongside a Casey's convenience store as its Midwest expansion continues.
Texas wash owner pitches motorcycle wash system as add-on revenue
Pappy's Carwash operator Ken Eckenroth is distributing the Bike Spa automated motorcycle wash in the U.S. and has built a covered detailing bay for up to 20 bikes.
Soapy Joe's opens 27th wash with plans to nearly double footprint
The family-owned California chain opened a new San Diego location and has 19 more sites in development or the pipeline over the next 18 months.