Summit Wash Holdings Acquires Bold Wash

Bold Wash was acquired by Summit Wash Holdings on Mar 17, 2025.

Deal Overview
Purchase Date
March 17, 2025
Primary State
Connecticut
Sites Bought
3
Sites
Deal Value
Undisclosed
Transaction Synopsis
  • Summit Wash Holdings acquired three car wash locations in Connecticut (Danbury, Willimantic, and Manchester), expanding its footprint in the Northeast.
  • This acquisition brings Summit Wash Holdings' total locations to over 70, spanning across Connecticut, New York, New Jersey, Nebraska, Missouri, and Florida.
  • Summit Wash Holdings continues to strengthen its presence in key markets, reinforcing its dedication to exceptional service and customer experience through strategic acquisitions.

Market Significance

The acquisition of three Connecticut car wash locations by Summit Wash Holdings highlights the company’s continued strategic expansion within the highly competitive car wash industry. By increasing its footprint in the Northeast, Summit Wash strengthens its market position, demonstrating a commitment to not only growing its operational scale but also enhancing its ability to deliver superior service to both existing and prospective customers. This move is particularly significant as it aligns with Summit’s ongoing efforts to expand in key regions, including Florida, while leveraging well-established brands like Speeders, Russell Speeder’s, and Waters Car Wash to drive growth.

Summit’s expansion underscores the rising demand for car wash services, especially in densely populated areas where convenience and quality are key factors for consumers. As the car wash industry continues to consolidate, companies like Summit Wash Holdings that can efficiently scale across multiple states are well-positioned to capture increasing market share. This acquisition, along with Summit’s broader growth strategy, further establishes the company as a major player in the national car wash sector.

Client Impact
Management Commentary