Mister Car Wash Acquires The Speed Wash

Speed Wash was acquired by Mister Car Wash on May 09, 2022.

Deal Overview
Purchase Date
May 9, 2022
Primary State
California
Sites Bought
4
Sites
Deal Value
Undisclosed
Transaction Synopsis

After growing to 4 express washes, The Speedwash sells their entire portfolio to Mister Car Wash based on the advisement of their private backer, PetroCal Associates.

Market Significance

Speedwash was advised by PetroCal Associates to sell their brand to Mister Car Wash— indicating the markets appeal towards high selling multiples and the trending growth trajectory many industry players are showcasing in various markets.

Client Impact
Management Commentary