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Thoroughbred Express Acquires 5-Star Car Wash

Thoroughbred Express Acquires 5-Star Car Wash

5-Star Car Wash was acquired by Thoroughbred Express Auto Wash on Sep 01, 2022.

OverviewMarketImpactCommentary
Deal Overview
Purchase Date
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September 1, 2022
Primary State
West Virginia
West Virginia
Sites Bought
5
Site(s)
Deal Value
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Undisclosed
Transaction Synopsis
  • Thoroughbred Express Car Wash has successfully acquired 5-Star Car Wash
  • This transaction consisted of 5 sites throughout West Virginia and Kentucky
Market Significance
  • With the acquisition of 5-Star it quadrupled the size of Thoroughbred
  • Thoroughbred continues growth with many sites in the development stages across KY, WV, and IN
Client Impact
Management Commentary