Mammoth Holdings acquires Silverstar Car Wash

Silverstar Car Wash was acquired by Mammoth Holdings LLC on Nov 30, 2021.

Deal Overview
Purchase Date
November 30, 2021
Primary State
North Dakota
Sites Bought
Deal Value
Transaction Synopsis
  • Mammoth has acquired Silverstar Car Wash, a 14-site operator based in the Midwest.
  • The sites are located across North Dakota, South Dakota, Iowa, and Nebraska.
  • Dave Hoffmann, Mammoth's Chairman and CEO, explained, "The Silverstar team are world-class operators and have quickly built an impressive footprint in the Sioux Falls and Sioux City markets." He added, "Silverstar has taken a unique approach to development that we will continue to leverage across our operator-led platform, in addition to learning from their best-in-class operations."
Market Significance

Silverstar's ownership group made a significant equity investment in Mammoth.

Client Impact
Management Commentary