Incline Equity Partners Acquires Mr. Magic Car Wash

Mr. Magic Car Wash was acquired by Incline Equity Partners on Jan 19, 2022.

Deal Overview
Purchase Date
January 19, 2022
Primary State
Sites Bought
Deal Value
Transaction Synopsis
  • Car Wash Advisory successfully facilitated the sale of Mr. Magic Car Wash to Incline Equity Partners in January of 2022.
  • Mr. Magic has been owned and operated by the Tiano family as an institution in the Pittsburgh car wash community. Justin and Alan Tiano commented "We are proud of the deal that was made and excited to begin this new chapter of our lives. We are thankful to have had Harry and the CWA team on our side through this process. Their involvement as our advisor resulted in achieving significantly more value for us and our families and their experience was priceless."
Market Significance

Colin May, Managing Director at Car Wash Advisory commented: "Mr. Magic and the Tiano family are another entrepreneurial success story in the car wash industry. They built a great family business over multiple decades and generations and capitalized on an opportunistic market. Car Wash Advisory is lucky to have worked with Justin and Alan and play a small part in that outcome. It was also a pleasure to work with Incline Equity Partners and would welcome the opportunity to work with them again."

Client Impact
Management Commentary