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Mister Car Wash Acquires Seven-Stores in Mississippi.

M2 EQUITYBITES-April 15, 2016-Mister Car Wash Acquires Seven-Stores in Mississippi

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15 April 2016 - US-based car wash company Mister Car Wash has entered the Mississippi market with its acquisition of seven Venture Car Washes, the company said.

Terms of the deal were not disclosed.

Venture opened its first car wash in Ridgeland in 2003, adding stores in Brandon, Clinton, Meridian, Flowood and two in Jackson by 2013.

This acquisition represents Mister Car Wash's 20th state and 29th market.

The Tucson, Arizona-based company now employs close to 7,000 car care professionals with 172 car washes and 32 lube centres in 20 states.

Mister Car Wash operates 172 car washes and 32 express lubes in 20 states. Mister Car Wash is an operating company of Leonard Green and Partners L.P.

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Publication:M2 EquityBites (EQB)
Date:Apr 15, 2016
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