Mr. Clean Car Wash Acquires Carnett Car Wash

Carnett Car Wash was acquired by Mr. Clean Car Wash on Feb 09, 2009.

Deal Overview
Purchase Date
February 9, 2009
Primary State
Georgia
Sites Bought
14
Sites
Deal Value
Undisclosed
Transaction Synopsis

Proctor & Gamble had begun its plans on implementing its Mr. Clean Car Wash franchise with the acquisition of Carnett Car Wash, a fourteen site car wash brand based in Atlanta.

Market Significance

Backed by one of the largest and oldest companies in the United States, Mr. Clean Car Wash is on pace to being one of the largest car wash chains in the industry through, not only its immense liquidity, but also its brand recognition.

Client Impact
Management Commentary