Matt's Carwash was acquired by Club Car Wash on Jan 09, 2026.

Deal Overview
Purchase Date
January 9, 2026
Primary State
Illinois
Sites Bought
1
Site(s)
Deal Value
N/A
Transaction Synopsis
  • Club Car Wash acquired Matt’s Carwash located at 1165 S. Illinois Route 31 in Crystal Lake, Illinois, bringing the site into its expanding network.
  • The acquired location is currently undergoing renovations and is expected to reopen as a Club Car Wash with enhanced technology and membership offerings.
  • Upon reopening, the site will offer Club Car Wash’s Unlimited Wash Memberships and upgraded wash enhancements, reinforcing the brand’s focus on convenience, consistency, and community engagement.
Market Significance

The market significance of this transaction reflects continued consolidation in the express car wash industry, as national platforms acquire established local operators to strengthen market density in attractive suburban markets. The acquisition underscores the strategic value of infill locations that can be upgraded, rebranded, and integrated into scalable membership-based models. Overall, the deal highlights sustained investor confidence in the car wash sector’s predictable cash flows and platform-driven growth strategy.

Client Impact
Management Commentary