Spotless Brands Expands Into Idaho and Oregon With Acquisitions of Bluebird Express Car Wash and Epic Shine Car Wash
Spotless Brands Expands Into Idaho and Oregon With Acquisitions of Bluebird Express Car Wash and Epic Shine Car Wash
New acquisitions grow Spotless' footprint to nearly 8x its size since founding and represent the industry's largest add-on acquisition in two years
新的收购将Spotless的业务覆盖范围扩大到创立以来的近8倍,并代表了行业内两年来最大的附加收购。
OAKBROOK TERRACE, Ill., Nov. 19, 2024 /PRNewswire/ -- Spotless Brands ("Spotless"), a super-regional car wash operator and developer, today announced its acquisition of two leading car wash businesses: Bluebird Express Car Wash ("Bluebird") and Epic Shine Car Wash ("Epic Shine"). These acquisitions mark Spotless' expansion into Idaho and Oregon, adding network density in the Intermountain region and establishing an entry point into the Pacific Northwest. The additions of Bluebird and Epic Shine add 15 open and operating locations to Spotless, which has scaled from 27 locations at its founding in 2020 to nearly 200 locations today through a combination of strategic M&A and de novo development. Spotless will provide strategic direction, offer centralized support, and drive operational efficiencies through standardized procedures for Bluebird and Epic Shine.
伊利诺伊州奥克布鲁克,2024年11月19日 /PRNewswire/ -- Spotless Brands("Spotless"),一家超区域型洗车运营商和开发商,今天宣布收购了两家领先的洗车业务:Bluebird Express Car Wash("Bluebird")和Epic Shine Car Wash("Epic Shine")。这些收购标志着Spotless向爱达荷州和俄勒冈州的扩展,增加了在内华达山脉地区的网络密度,并在太平洋西北地区建立了进入点。Bluebird和Epic Shine的加入,为Spotless增添了15个开放并运营的地点,Spotless自2020年成立时的27个地点,已经通过战略性并购和全新开发增加至如今近200个地点。Spotless将提供战略方向,提供集中支持,并通过标准化程序推动Bluebird和Epic Shine的运营效率。
"We are thrilled to enter these two new states with the additions of Bluebird Express Car Wash and Epic Shine Car Wash," said John Standley, CEO of Spotless Brands. "Both businesses are known for their outstanding service, convenient locations, and exceptional quality, making them valuable additions to our business. Spotless is excited to bring our fully integrated, centralized services to support Bluebird and Epic Shine's teams as they continue to deliver outstanding service to their loyal customers and local communities."
“我们非常高兴能够通过收购Bluebird Express Car Wash和Epic Shine Car Wash进入这两个新州,”Spotless Brands的首席执行官约翰·斯坦德利说。"这两家公司因其卓越的服务、便利的地点和卓越的质量而闻名,成为我们业务的宝贵补充。Spotless非常高兴能够为Bluebird和Epic Shine的团队提供我们全面集成的集中服务,支持他们继续为忠诚客户和地方社区提供卓越的服务。”
These combined acquisitions represent the industry's largest add-on acquisition since 2022[1]. Bluebird Express Car Wash operates seven locations, while Epic Shine Car Wash operates eight locations. With these acquisitions and 25 expected de novo sites for 2024, Spotless is on track to surpass roughly 230 locations by the end of 2025. To facilitate these investments and fund future growth, Spotless recently upsized its senior secured credit facility with KKR Credit serving as administrative agent.
这些综合收购代表了自2022年以来行业最大的附加收购。Bluebird Express Car Wash运营着七个地点,而Epic Shine Car Wash则运营着八个地点。凭借这些收购和预计2024年的25个全新站点,Spotless预计到2025年底将超过约230个地点。为了促进这些投资并资助未来的增长,Spotless最近扩大了其与KKR Credit作为管理代理的高级担保信贷设施。
Bluebird Express Car Wash and Epic Shine Car Wash are award-winning, leading brands known for their outstanding service, innovative approach to car care, and unmatched value. Both brands have built strong reputations for delivering top-tier car wash experiences across their locations.
蓝鸟快洗车和史诗闪耀洗车都是获奖的领先品牌,以其卓越的服务、创新的汽车护理方式和无与伦比的价值而闻名。这两个品牌在各自的地点提供顶级的洗车体验,建立了强大的声誉。
Spotless Brands is continuing to scale its operations, with over 700,000 active members currently served, an approximate sevenfold increase since its founding. Spotless also has a strong de novo pipeline of more than 100 locations.
Spotless Brands正在继续扩展其运营,目前服务着超过700,000名活跃会员,自成立以来大约增长了七倍。Spotless还有强大的新开门店管道,超过100个新地点。
Financial terms of the acquisitions were not disclosed. Bluebird Express Car Wash was represented by MOK Advisors, and Epic Shine Car Wash was represented by Amplify.
收购的财务条款未披露。蓝鸟快洗车由MOk Advisors代理,史诗闪耀洗车由Amplify代理。
Press Contact
Jenna Folk, VP of Marketing, [email protected] or (630) 566-4959
新闻媒体联系人:
营销副总裁Jenna Folk,邮箱:[email protected] 或 (630) 566-4959
About Spotless Brands
Spotless Brands is a premier super-regional car wash company that owns and operates nearly 200 locations across ten states and the District of Columbia, with brands including Flagship Carwash, Cobblestone Auto Spa, Ultimate Shine Car Wash, Okie Express Auto Wash, Epic Shine Car Wash, and Bluebird Express Car Wash. With a robust pipeline of new locations in development, Spotless is committed to expanding its market footprint and enhancing its service offerings. Established in 2020, Spotless Brands is a portfolio company of Access Holdings. For more information on Spotless Brands and its operations, please visit .
关于Spotless Brands
Spotless Brands是一家高级超区域型洗车公司,在十个州和哥伦比亚特区经营近200个地点,包括旗舰洗车、卵石汽车水疗、终极闪耀洗车、边疆快洗、史诗闪耀洗车和蓝鸟快洗车。凭借强大的新店开发管道,Spotless致力于扩展其市场足迹并增强服务项目。Spotless Brands成立于2020年,是Access Holdings的组合公司。有关Spotless Brands及其运营的更多信息,请访问。
About Access Holdings
Access Holdings Management Company LLC is a digitally-enabled middle-market investment firm headquartered in Baltimore, Maryland, with offices in New York, New York. Founded in 2013, Access Holdings was a non-fund sponsor until its first fund in 2020. Access has approximately $2.7 billion in assets under management. Access provides high-quality, direct investment opportunities to create concentrated portfolios of essential service-based businesses in North America. The firm undertakes active build and buy strategies, pursuing what it wants to own–great markets and distinct business models. In doing so, Access partners with exceptional leaders to scale and innovate businesses. For more information, please visit .
关于Access Holdings
Access Holdings Management Company LLC是一家数字化的中型市场投资公司,总部位于马里兰州巴尔的摩,在纽约州纽约市设有办公室。成立于2013年,Access Holdings在2020年之前是一家非基金赞助商。Access管理的资产约为27亿。Access提供高质量的直接投资机会,以创建集中于北美基础服务型企业的投资组合。公司采取积极的建设和收购策略,追求想要拥有的伟大市场和独特商业模式。在此过程中,Access与杰出领导人合作,实现企业的规模和创新。有关更多信息,请访问。
[1] Car Wash Advisory: Largest Car Wash Acquisition Transactions
[1] 洗车咨询:最大洗车收购交易
SOURCE Spotless Brands
来源:Spotless Brands