BlueWave Express acquires iShine's Pearland location

• BlueWave Express Car Wash executed a partial acquisition of iShine Express Car Wash & Detail, purchasing a single, established location in Pearland, Texas.
• This specific site represents BlueWave Express's first-ever "two-tunnel" facility, uniquely equipping it to handle higher volumes of customer traffic.
• The acquisition and subsequent rebranding of this site expands the combined operational footprint of the BlueWave Express and ClearWater Express network to 94 locations.

* Denotes a partial company acquisition and/or divestiture.

This targeted transaction underscores the ongoing trend of localized consolidation within the highly competitive Texas car wash market, where scaled operators are strategically acquiring individual sites to densify their footprint. By securing a high-capacity, dual-tunnel facility, BlueWave Express significantly increases its vehicle processing volume and throughput capabilities in a growing suburban area. Furthermore, bolting on this strategic location enhances the overall value proposition of their subscription model, offering greater convenience and network access to their unlimited wash club members.