Mammoth Holdings acquires Lulu's Express

Lulu's Express was acquired by Mammoth Holdings LLC on Mar 10, 2021.

OverviewMarketImpactCommentary
Deal Overview
Purchase Date
March 10, 2021
Primary State
South Carolina
Sites Bought
6
Sites
Deal Value
Undisclosed
Transaction Synopsis
  • Mammoth Holdings has completed the transaction of six express car wash sites from Lulu's Car Wash.
  • These sites are located in South Carolina and Georgia.
  • Gary Dennis, Mammoth's co-founder and CEO, explained, "Lulu's is a great fit for Mammoth and extends our network of washes across I-20 into South Carolina." He added, "Lulu's is a leading car wash provider in its market, and we are looking forward to continuing to develop this region to better serve our customers."
Market Significance

Mammoth's acquisition of LuLu’s was notable in that it was the first time Mammoth has ventured eastward from it’s Georgia based sites (branded under Swifty at the time of this acquisition). This was Mammoth's first venture into the state of South Carolina.

Client Impact
Management Commentary