Magnolia Wash Holdings Acquires Clean Wave Car Wash

Clean Wave Car Wash was acquired by Magnolia Wash Holdings on Dec 21, 2023.

OverviewMarketImpactCommentary
Deal Overview
Purchase Date
December 21, 2023
Primary State
Indiana
Sites Bought
3
Sites
Deal Value
Undisclosed
Transaction Synopsis

Magnolia Wash Holdings acquires entire Clean Wave Car Wash portfolio.

Market Significance

This transaction marks Magnolia Wash Holdings first entry into Indiana as the top car wash chain continues its pace of expanding into markets where they are expected to grow at scale.

Client Impact
Management Commentary