Whistle Express Car Wash

Formerly Magnolia Wash Holdings
Whistle Express Car Wash is a leading U.S. express tunnel car wash platform that has rapidly scaled through acquisitions, most notably its transformational purchase of Take 5 Car Wash, creating a 500+ site network across 20+ states. The company operates a high-margin, membership-driven model focused on recurring revenue, throughput efficiency, and regional density in attractive Sunbelt and Midwest markets. From an investment banking perspective, Whistle represents a scaled consolidator in a fragmented industry, with continued opportunities for M&A, operational integration, and multiple expansion driven by platform growth and subscription penetration.
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Headquarters

North Carolina

Established

2014

Total Site Count

530

Sites In Development

Financial Sponsor

Oaktree Capital Management LP
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Geographic Footprint

North Carolina
South Carolina
Georgia
Florida
Virginia
Tennessee
Kentucky
Ohio
Indiana
Illinois
Michigan
Texas
Alabama
Arkansas
Mississippi
Louisiana
Oklahoma
Kansas
Colorado
Utah
Missouri
Arizona
Nevada
Largest M&A Deal History (1)
(1) Consisting of company involved M&A transactions that are of size and magnitude to be featured as one of the top car wash deals to date in the industry, by site size. We at CWA will be rolling out expansions to come for even more comprehensive and granular data, deal details, and deal inclusion.