Raceway Express Car Wash Acquires Evolution Car Wash

Evolution Car Wash was acquired by Raceway Express Car Wash on Aug 03, 2023.

Deal Overview
Purchase Date
August 3, 2023
Primary State
Nevada
Sites Bought
1
Sites
Deal Value
Undisclosed
Transaction Synopsis
  • Raceway Express Car Wash has successfully completed the acquisition of Evolution Car Wash in Minden, NV. 
  • "We are thrilled to be expanding into the vibrant community of Minden, Nevada, with the acquisition of Evolution Car Wash," said Andrew Schell, Chief Operating Officer and Director of Acquisitions at Raceway Car Wash. "We have admired the state-of-the-art development and high-level operations of Evolution Car Wash for many years. We look forward to welcoming our new guests to the Sierra Car Wash family."
Market Significance

The acquisition of Evolution Car Wash represents a key strategic move for Raceway Car Wash. The Company will be extending its well-established Northern Nevada brand, Sierra Car Wash, to the city of Minden, Nevada.

Client Impact
Management Commentary