Who bought Home Team Car Wash?

Modwash acquired Home Team Car Wash Aug 22, 2022.

M&A History
Acquisition Date
August 22, 2022
Primary State
Florida
Site Quantity
3
Deal Value
Undisclosed
Transaction Synopsis
  • Commercial Plus Group, operating under the ModWash brand, has successfully acquired Home Team Car Wash, which operates 3 locations in the state of Florida. 
  • With this purchase, ModWash operates 11 car washes in the state, with another 30 in development, slated to open soon.
Market Significance
  • ModWash launched in 2020 and has been steadily growing its footprint ever since. 
  • This transaction marked their 52nd car wash site, spread across 11 states. 
  • ModWash currently ranks as the 17th Firm on the Top 100 Conveyor Car Washes list.
Client Impact
Management Quote

“Alex and the team at Commercial Plus Group are truly client-focused. They guided me through the process and were outstanding to work with. I appreciated their deep understanding of the Tampa region and am confident their expertise in the car wash industry helped me get the maximum value for my sites.”

Eric Schlueter, owner of Home Team Car Wash
Eric Schlueter, owner of Home Team Car Wash