Who bought RipTide Auto Wash?

Magnolia Wash Holdings acquired RipTide Auto Wash Sep 08, 2022.

M&A History
Acquisition Date
September 8, 2022
Primary State
North Carolina
Site Quantity
4
Deal Value
Undisclosed
Transaction Synopsis
  • Magnolia Wash Holdings acquired four new sites from RipTide throughout the state of North Carolina.
  • This acquisition strengthens Magnolia's footprint in the Raleigh and Charlotte MSAs.
Market Significance

Magnolia continues to execute against its strategy of creating regional density in the rapidly growing Southeastern U.S. and operates multiple local brands across its markets.

Client Impact
Management Quote