Zips Car Wash acquires Trax

Trax Express Car Wash was acquired by ZIPS Car Wash on Jan 26, 2018.

Deal Overview
Purchase Date
January 26, 2018
Primary State
Sites Bought
Deal Value
Transaction Synopsis
  • Zips Car Wash has successfully acquired Trax Express Car Wash in Derby, Kansas.
  • “This is just the first step in our plans to grow in the Wichita market,” said Jon Gray, executive vice president of Zips Car Wash. “We hope to develop additional stores in the coming years, but right now we are working on renovations and setting up our Unlimited Wash Clubs in Derby,” he added.
Market Significance

This acquisition expands Zips' footprint in Kansas outside of Wichita, where it currently operates five stores.

Client Impact
Management Commentary