BlueWave Express Acquires ClearWater Express

ClearWater Express Wash was acquired by BlueWave Express Car Wash on Mar 22, 2023.

Deal Overview
Purchase Date
March 22, 2023
Primary State
Texas
Sites Bought
10
Sites
Deal Value
Undisclosed
Transaction Synopsis

BlueWave Express acquired 10 operating car washes from ClearWater Express, along with 20 pipeline sites under development and expected to open during the 12 month period following the transaction. 

Market Significance

This transactions births the now largest single car wash operator and company in the state of the Texas by location count.

Client Impact
Management Commentary