Go Car Wash acquires Rio Car Wash

Rio Car Wash was acquired by GO Car Wash on Aug 11, 2021.

Deal Overview
Purchase Date
August 11, 2021
Primary State
Sites Bought
Deal Value
Transaction Synopsis
  • GO Car Wash has acquired Rio Car Wash, this transaction includes seven operating sites in Fredericksburg, VA.
  • "We are pleased to complete our first East Coast acquisition in the great state of Virginia. Our plans include a rapid expansion through acquisition and development of customer-centric carwashes on the East Coast,” said Chris Andersen, vice president of business development.
Market Significance

After this acquisition, GO Car Wash will now operate 60 locations in four diverse markets across the U.S.

Client Impact
Management Commentary