Mister Car Wash acquires Rapid Express Carwash

Rapid Express Car Wash was acquired by Mister Car Wash on Dec 22, 2022.

OverviewMarketImpactCommentary
Deal Overview
Purchase Date
December 22, 2022
Primary State
California
Sites Bought
3
Sites
Deal Value
Undisclosed
Transaction Synopsis
  • Mister Car Wash Inc. has announced the successful acquisition of Rapid Express Carwash, a three-unit company based in Central California that has locations in Atwater, Merced and Visalia, according to a press release.
  • The deal officially closed Dec. 22, 2022 and marked the fourth acquisition made last year by the company.
Market Significance

Throughout the coming months, Mister will be working with the team to rebrand the store and optimize service and product offerings as they fully integrate into the Mister brand.

Client Impact

Customers of Rapid Express Carwash can expect the business to continue operating as normal in the near term, stated the press release.

Management Commentary

“The addition of the three Rapid Express locations complement our existing store network and extends brand presence to Visalia, a new market for us,” said Luke Hartke, vice president of M&A for Mister Car Wash. “We are excited to share the Mister Experience with existing and new customers in these communities, and we are proud to welcome the Rapid Express team to Mister Car Wash.”

Luke HartkeLuke Hartke
Luke Hartke