Magnolia Wash Holdings Acquires Express Shine Car Wash

Express Shine Car Wash was acquired by Magnolia Wash Holdings on Jun 16, 2022.

Deal Overview
Purchase Date
June 16, 2022
Primary State
Tennessee
Sites Bought
2
Sites
Deal Value
Undisclosed
Transaction Synopsis

Magnolia Wash Holdings acquires Express Shine Car Wash. The sale was coordinated by Matthews Real Estate Investment Services.

Market Significance

Family-owned car wash, Express Shine Car Wash, was acquired by Magnolia Wash Holdings— providing further access into the Tennessee Market and continuing the trend of the consolidation of local operators to large strategic players in the car wash space.

Client Impact
Management Commentary