Storm Car Wash was acquired by Hurricane Express Wash on May 04, 2023.

Deal Overview
Purchase Date
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May 4, 2023
Primary State
Tennessee
Tennessee
Sites Bought
3
Site(s)
Deal Value
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Undisclosed
Transaction Synopsis

Sale on the Storm Car Wash portfolio closed at $14.19M by Hurricane Express Wash, a large car wash platform backed by Passive Investing.

Market Significance

Hurricane Express Wash expands to a total of 29 sites with the finalization of this transaction and displays their expansion into the Tennessee Market. The growing car wash brand now has 4 sites in Tennessee, 3 of which are located across Chattanooga upon the acquisition of Storm Car Wash and a single site located in the city of Oak Park.

Client Impact
Management Commentary