Zips Car Wash acquires Islands Car Wash

Islands Car Wash was acquired by ZIPS Car Wash on Jun 02, 2022.

Deal Overview
Purchase Date
June 2, 2022
Primary State
South Carolina
Sites Bought
4
Sites
Deal Value
Undisclosed
Transaction Synopsis
  • Zips Car Wash has successfully acquired four Islands Car Wash establishments located in the Hilton Head, South Carolina area.
  • The purchase of the Islands Car Wash locations provides ZIPS with entry into yet another new market and allows us to continue to meet the car wash needs of local residents and even vacationers as they travel to the coast," said Mike Corey, Chief Development Officer, ZIPS Car Wash.
Market Significance
  • This acquisition makes Zips the largest express car wash operator in the state of South Carolina with 20 locations throughout the state.
  • ZIPS Car Wash now operates over 235 locations in 24 states.
Client Impact
Management Commentary