Flagstop Car Wash acquires Hogwash Express Car Wash

Hogwash Express Car Wash was acquired by Flagstop Car Wash on Feb 22, 2023.

Deal Overview
Purchase Date
February 22, 2023
Primary State
Virginia
Sites Bought
1
Sites
Deal Value
Undisclosed
Transaction Synopsis
  • Flagstop Car Wash has acquired Hogwash Express Car Wash to continue expanding its presence in the greater Richmond area. Garnett Station's recent strategic capital investment supported the acquisition.
  • Hogwash was established in partnership with River City Enterprises, an investment company based in Charlottesville and managed by John Epley and Tee Valentine.
Market Significance

As per the agreement, Hogwash will be renamed as the 15th Flagstop location in the Richmond DMA.

Client Impact
Management Commentary

“Tom and I are very excited to add our facilities to the Flagstop network of express carwashes. This provides our employees more opportunity to grow their careers and gives our customers more locations to keep their vehicles clean. We truly appreciate how the community has responded to the Hogwash brand over the years, and we’re confident this is a win-win for us all. Flagstop truly cares for their people and customers, and I’m confident that the business we’ve built will be in good hands.”

Hogwash Founder Janet HoggHogwash Founder Janet Hogg
Hogwash Founder Janet Hogg