LUV Car Wash acquires The Auto Wash Group

The Auto Wash Group was acquired by LUV Car Wash on Dec 15, 2022.

Deal Overview
Purchase Date
December 15, 2022
Primary State
Pennsylvania
Sites Bought
8
Sites
Deal Value
Undisclosed
Transaction Synopsis
  • LUV Car Wash completes the acquisition of 8 Auto Wash Group car washes in the greater Philadelphia area
  • “We are thrilled and honored to build on Gary and Pete’s legacy and bring their operation into the LUV family,” said LUV Chief Executive Officer Darren Skarecky. “We have been eager to establish our brand in the City of Brotherly LUV, and this acquisition is a great springboard for our growth".
Market Significance
  • This acquisition will serve as the launch into the Eastern PA and New Jersey markets, with plans to operate 20+ locations in the next 18-24 months.
Client Impact
Management Commentary