El Car Wash Acquires Suncoast Express Wash

Suncoast Express Wash was acquired by El Car Wash on Mar 14, 2024.

Deal Overview
Purchase Date
March 14, 2024
Primary State
Sites Bought
Deal Value
Transaction Synopsis

El Car Wash acquires Suncoast Express Wash.

Market Significance
  • Long standing and family-operated Suncoast Express Wash in Fort Myers, Florida was acquired by El Car Wash as they continue to act on their expansion plans to grow throughout the state of Florida. This transaction was presented in an article alongside the acquisition of a Sweetwater Car Wash site located in Orlando, Florida.
  • In the article, Co-CEOs Geoffrey Karas and Justin Landau were ecstatic at the closure of these deals as provided by the following: “We are thrilled to further strengthen our position in key markets while remaining consistent with our M&A strategy of entering adjacent markets by purchasing the premier operators in advance of aggressive greenfield rollout of similarly high-quality locations”.
Client Impact
Management Commentary