Who bought The Auto Wash Group?

LUV Car Wash acquired The Auto Wash Group Dec 15, 2022.

M&A History
Acquisition Date
December 15, 2022
Primary State
Pennsylvania
Site Quantity
8
Deal Value
Undisclosed
Transaction Synopsis
  • LUV Car Wash today marks a full year of operation and announced the acquisition of The Autowash Group, which consists of eight car wash locations in the greater Philadelphia area, kicking off LUV’s entry to the Eastern Pennsylvania and New Jersey market.
  • The acquisition includes PA locations in Frazer, Exton, West Norriton, King of Prussia, Coatesville, Warminster, and Pottstown, as well as a location in Egg Harbor, NJ.
Market Significance
  • LUV plans to operate between 20 – 25 locations in these markets in the next 18 – 24 months through acquisitions of existing washes and ground-up construction of new sites.
  • Acquiring these locations was a natural fit for LUV, given Gary and Peter’s focus on enhancing neighborhoods, building community, and providing a fun, customer-centric experience for loyal customers throughout the greater Philadelphia market.
  • Since acquiring its first location in December 2021, LUV has 71 operating locations across the country and on both coasts, with multiple locations now open in California, Arizona, Nevada, Georgia, Florida, and now Pennsylvania, with additional locations in the pipeline.
Client Impact
Client Testimonial

"We are very proud to have the LUV team build on our legacy in the Philly market. As we get to know the team at LUV, we are confident they are the right fit to continue our commitment to serving our customers and the communities in which we operate.”

Pete Karakelian
Pete Karakelian