Le Lézard
Classified in: Transportation, Business
Subjects: TNM, CXP

Mister Car Wash Expands into Illinois and Wisconsin

TUCSON, Ariz., July 2, 2015 /PRNewswire/ -- Mister Car Wash finalized the acquisition of five Octopus Car Wash locations in Rockford, Illinois and Madison, Wisconsin on June 30th, 2015. The company now operates 157 car washes in 18 states and continues to accelerate its growth strategy by adding 21 stores to its portfolio since the beginning of the year.

Photo - http://photos.prnewswire.com/prnh/20150701/227688

"Wisconsin and Illinois are strong and dynamic markets with a long history of washing cars," said John Lai, President and CEO of Mister Car Wash. "This bolsters our already strong position in the Midwest and we can't wait to begin working alongside a very talented group of team members."

In addition to targeting high performing sites for acquisition, Mister Car Wash has been able to stay a steady course of brand expansion by focusing first and foremost on recruiting, training and retaining top talent from the store level to top leadership positions.

"Quality car wash owners who are getting ready to exit the business don't just want to cash out, they want to make sure their business will continue to flourish and that their people will be taken care of," said Casey Lindsay, Director of Mergers and Acquisitions. "Our commitment is to retain and continue developing newly acquired teams."

For more information, visit www.mistercarwash.com.

About Mister Car Wash
Mister Car Wash (www.mistercarwash.com) operates 157 car washes and 32 express lubes in 18 states. Headquartered at 222 East 5th Street in Tucson, Arizona, Mister Car Wash is an operating company of Leonard Green & Partners L.P.

About Leonard Green & Partners
Leonard Green (www.leonardgreen.com) is one of the nation's preeminent private equity firms with over $15 billion of private equity capital raised since inception. Founded in 1989, the firm has invested in 72 companies with aggregate value of over $60 billion in the form of traditional buyouts, going-private transactions, recapitalizations, growth capital investments, corporate carve-outs and selective public equity and debt positions. Based in Los Angeles, CA, Leonard Green invests in established companies that are leaders in their markets.

Contact: Megan Everett, Media Relations Manager 520.615.4000 X 154 or Media@MisterCarWash.com


SOURCE Mister Car Wash

These press releases may also interest you

at 07:30
Chorus Aviation Inc. ('Chorus') today announced a monthly dividend of $0.04 per Class A and Class B share payable on or after April 17, 2018 to shareholders of record at the close of business on March 29, 2018. These dividends qualify as eligible...

at 07:00
DrivingSales LLC today announced that industry SaaS leader Cameron Darby has joined the company as its president and chief operating Officer. Darby will be responsible for leading the day-to-day business and scaling the DrivingSales mobile HCM...

at 07:00
Open Dealer Exchange and RouteOne today announced a strategic alliance that brings together industry-leading organizations to provide streamlined solutions to their partners CDK Global and Reynolds and Reynolds that bridge the gaps, open the entire...

at 07:00
Honeywell announces that its GoDirect® Flight Efficiency software is being deployed by International Airlines Group across its fleet of more than 500 aircraft. The parent company of Aer Lingus, British Airways, Iberia, LEVEL and Vueling will use the...

at 06:45
The White Marlin Open, an offshore billfish tournament held in Ocean City, today announces plans for its upcoming 45th annual tournament to be held August 6th through August 10th. The tournament, which has awarded more than $63 million in prizes to...

at 06:30
What:  CAA South Central Ontario (CAA SCO) will celebrate 15 years of CAA Worst Roads and the beginning of the 2018 campaign, with the unveiling of a new digital awareness campaign featuring key stakeholders impacted by road conditions. The...

News published on 2 july 2015 at 08:41 and distributed by: