El Car Wash Acquires Canton Car Wash

• El Car Wash acquired Canton Car Wash, a six-location express car wash platform serving the Baltimore, Maryland market, marking El Car Wash's entry into the Mid-Atlantic region.
• The transaction included all six operating locations as well as Canton Car Wash's development pipeline, expanding El Car Wash's footprint beyond its established presence in Florida and Michigan.
• Following the acquisition, El Car Wash surpassed 100 operating locations and further advanced its strategy of accelerating growth through a combination of platform acquisitions, market expansion, and new site development.

This acquisition highlights the continued consolidation of the car wash industry, as leading operators increasingly pursue platform acquisitions to enter new geographic markets and accelerate growth. By acquiring an established regional operator in Baltimore, El Car Wash gained immediate scale and market presence in the Mid-Atlantic without relying solely on ground-up development. The transaction also demonstrates the strong demand for multi-site car wash platforms, particularly those with existing operations and development pipelines that can support future expansion.