Driven Brands/ICWG acquires Team Clean

Team Clean Car Wash was acquired by Driven Brands on Jul 23, 2020.

Deal Overview
Purchase Date
July 23, 2020
Primary State
Sites Bought
Deal Value
Transaction Synopsis
  • Driven Brands has announced the acquisition of eight sites across Arkansas and Tennessee with the purchase of Team Clean, and plan on rebranding to the Car Wash USA Express name.
  • Kerry Sewell stated, “Brad and his team have built a great business, and the locations of the Team Clean sites are the perfect complement to ICWG’s existing Car Wash USA Express mid-south footprint.”
Market Significance

This transaction brings seven additional sites to Driven's Arkansas network and an additional site in Tennessee.

Client Impact
Management Commentary