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Mammoth Holdings Acquires Coastal Carwash

Mammoth Holdings Acquires Coastal Carwash

Coastal Carwash was acquired by Mammoth Holdings LLC on May 02, 2022.

OverviewMarketImpactCommentary
Deal Overview
Purchase Date
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May 2, 2022
Primary State
Florida
Florida
Sites Bought
3
Site(s)
Deal Value
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Undisclosed
Transaction Synopsis
  • Mammoth Holdings LLC, a leading express car wash company in America, has announced that it has acquired three express conveyor car washes in Florida that operate under the name Coastal Carwash.
  • The acquisition also includes an agreement to buy three more express conveyor car washes that are currently being developed.
Market Significance

By acquiring three Coastal Carwash locations, the platform has doubled its presence in Florida.

Client Impact
Management Commentary

“The Coastal acquisition doubles our footprint in Florida, where we now have six locations,” said Dave Hoffmann, Chairman and CEO of Mammoth Holdings.” We are excited to partner with the Coastal team to rapidly develop the Florida market,” Hoffmann said.