Who bought Lightning McClean Car Wash?

ZIPS Car Wash acquired Lightning McClean Car Wash Aug 04, 2022.

M&A History
Acquisition Date
August 4, 2022
Primary State
Virginia
Site Quantity
5
Deal Value
Undisclosed
Transaction Synopsis
  • ZIPS Car Wash announced the successful acquisition of five car wash locations from Lightning McClean Car Wash in the states of Virginia and North Carolina. 
  • Each of these acquisitions is set to be rebranded under the ZIPS Car Wash brand.
Market Significance
  • ZIPS moved into 2 new markets with this acquisition, including the Danville, VA area and the Durham, NC area. 
  • ZIPS Car Wash currently operates four locations in the state of Virginia, including locations in Salem, Lynchburg, and Roanoke.
Client Impact
Client Testimonial
“This multi-site acquisition allows us to serve more customers in a concentrated area of southern Virginia and northern North Carolina, where we already have a strong presence in surrounding cities. Our strategic growth in this area brings added convenience to our customers and helps us accomplish our goals as we expand our footprint this year and work to obtain a strong market presence in communities we serve across the country.”
Mike Corey, chief development officer for ZIPS Car Wash
Mike Corey, chief development officer for ZIPS Car Wash