El Car Wash acquires Smart Car Wash locations

Smart Car Wash was acquired by El Car Wash on Apr 05, 2023.

OverviewMarketImpactCommentary
Deal Overview
Purchase Date
April 5, 2023
Primary State
Florida
Sites Bought
2
Sites
Deal Value
Undisclosed
Transaction Synopsis
  • El Car Wash successfully completed the acquisition of two Smart Car Wash locations in the state of Florida.
  • These locations were located in the cities of North Miami Beach and West Palm Beach.
Market Significance

In the 90 days prior to this acquisition, El Car Wash opened locations in Palm Beach Gardens, Miramar, and West Gables, all within the Miami metropolitan area.

Client Impact
Management Commentary