Zips Car Wash acquires Jet Brite Car Wash

Jet Brite Car Wash was acquired by ZIPS Car Wash on Oct 18, 2022.

Deal Overview
Purchase Date
October 18, 2022
Primary State
Sites Bought
Deal Value
Transaction Synopsis
  • Zips Car Wash declared the acquisition of Jet Brite Car Wash, a mega car wash chain located in Chicago comprising of 11 stores.
  • As part of this acquisition, ZIPS will also obtain three upcoming locations and this move will enable ZIPS to extend its Midwest footprint by venturing into the Chicagoland region.
Market Significance

Zips has achieved its 25th transaction closing of the year, marking a record-breaking year of expansion with a total of 61 stores acquired in 2022.

Client Impact
Management Commentary