Champion Xpress Car Wash Acquires Rain Tunnel Car Spa

The Rain Tunnel Car Spa was acquired by Champion Xpress Carwash on Dec 01, 2021.

Deal Overview
Purchase Date
December 1, 2021
Primary State
New Mexico
Sites Bought
Deal Value
Transaction Synopsis

Champion Xpress performs a huge transaction of purchasing four sites from Rain Tunnel Car Spa.

Market Significance

Per Michael Murray, CEO of Champion Xpress Car Wash, New Mexico is a key market that parallels with the brand's strategic growth strategy. Such an acquisition gives the family-owned and operated business a firm hold in Albuquerque as it looks to grow across the entire and surrounding states.

Client Impact
Management Commentary