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Express Wash Concepts acquires Green Clean

Express Wash Concepts acquires Green Clean

Green Clean Express Auto Wash was acquired by Express Wash Concepts on May 06, 2021.

OverviewMarketImpactCommentary
Deal Overview
Purchase Date
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May 6, 2021
Primary State
Virginia
Virginia
Sites Bought
5
Site(s)
Deal Value
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Undisclosed
Transaction Synopsis
  • Express Wash Concepts (EWC) has acquired a portfolio of five sites from the Virginia-based Green Clean Express Auto Wash.
  • Green Clean Express currently operates five Hampton Roads locations in Virginia Beach, Norfolk, Portsmouth, Chesapeake and Suffolk.
  • An additional 20 locations are scheduled to open by 2022 throughout Virginia, Maryland and North Carolina.
Market Significance
  • The acquisition increases Express Wash Concepts' wash portfolio to 40 operating locations.
  • EWC plans to open more than 50 additional locations by the end of 2022.
Client Impact
Management Commentary