Hurricane Express Wash Acquires Storm Car Wash

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

Deal Overview
Purchase Date
May 4, 2023
Primary State
Tennessee
Sites Bought
3
Sites
Deal Value
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