El Car Wash Acquires Six ZIPS Car Wash Sites

• El Car Wash completed the partial acquisition of six ZIPS Car Wash sites, a strategic move aimed at enhancing El Car Wash’s footprint in the highly competitive car wash industry. This acquisition includes the purchase of ZIPS Car Wash’s assets, including its network of locations, customer base, equipment, and operational infrastructure.
• ZIPS Car Wash, known for its high-volume services and strong brand recognition, will now be integrated into the El Car Wash network, significantly expanding El Car Wash’s regional presence.
• The acquisition reflects El Car Wash’s commitment to growth, enabling the company to further strengthen its market position, enhance customer service offerings, and drive operational efficiencies across its expanded network. Both companies anticipate a smooth integration, ensuring continuity of service for existing customers and solidifying El Car Wash’s leadership in the industry.

* Denotes a partial company acquisition and/or divestiture.

The partial acquisition of ZIPS Car Wash by El Car Wash has significant market implications by significantly expanding El Car Wash’s presence and customer base, positioning the company as a stronger competitor in the car wash industry. This strategic move allows El Car Wash to leverage ZIPS’ established brand and high-volume service model, enhancing its market share and operational efficiencies across a larger network of locations. The acquisition strengthens El Car Wash’s competitive position against both regional and national players, improves service offerings, and provides greater scale for future growth. This deal underscores El Car Wash’s commitment to long-term expansion, potentially setting the stage for further acquisitions and solidifying its leadership in the rapidly growing car wash sector.