Mammoth Holdings LLC, America’s premier express car wash platform, announced today the acquisition of Gloss Car Wash, a developer and operator of express conveyor car washes in Lilburn, Georgia. The acquisition follows Mammoth’s dual growth strategy of developing greenfield operations while also acquiring existing brands.
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“Gloss Car Wash is a great addition to the Mammoth Holdings family. This strategic acquisitionexpands our footprint to seventeen sites in the Atlanta market, in addition to our established Swifty, Ultra, and Wash Me Fast locations,” said Dave Hoffmann, CEO of Mammoth Holdings, LLC.
“We look forward to welcoming Gloss team members into Mammoth Holdings and are excited about the opportunities they will have to grow and develop their careers,” said Gary Dennis, Co-Founder and former CEO of Mammoth Holdings, LLC.
“It was a pleasure to pass down our car wash facility in Lilburn to Mammoth. We look forward to Mammoth continuing to honor what Gloss Car Wash stands for in the community and to more transactions with Mammoth in the future,” Viral Parekh, Former Owner Gloss Car Wash.
Matthews Real Estate Investment Services advised Gloss Car Wash on the transaction.
Mammoth Holdings is the first car wash platform formed by industry insiders and has 148 operating locations. Mammoth is customer-focused operationally; operator-focused in its approach to acquisitions; and seeks to be the partner-of-choice for car wash operators who desire liquidity, growth capital, and a tax-deferred equity investment opportunity.
Mammoth Holdings’ multi-brand portfolio includes Busy Bee Car Wash, Coastal Carwash, Finish Line Car Wash, In & Out Express Carwash, Jax Kar Wash, Lulu’s Express Car Wash, Marc-1 Car Wash, Mr. Squeaky Car Wash, Pals Carwash, Pitstop Car Wash, PureMagic Carwash, Silverstar Car Wash, Speedy Clean Car Wash, Suds Car Wash, Swifty Car Wash, Today’s Car Wash, Ultra Car Wash, Wash Me Fast, Wash-N-Go Express Car Wash, and Wiggy Wash.
Mammoth has significant growth capital available and is actively seeking acquisitions and development opportunities.
In October 2018, Mammoth partnered with Red Dog Equity LLC, an Atlanta-based private equity firm, which, through its partnership with Tom Pritzker’s family business interests (advised by The Pritzker Organization), provided the equity for Mammoth Holdings’corporate development initiatives. In December 2022, Mammoth sold a minority stake to CCMP Growth Advisors that provided Mammoth with additional capital to pursue building new units and making acquisitions.
Oak Hill Advisors provides Mammoth Holdings’ debt financing through its direct lending partnership with BMO Capital Markets.
About Mammoth Holdings
Headquartered in Dallas, Texas, Mammoth Holdings, LLC operates 148 conveyor car washes underthe Busy Bee Car Wash, Coastal Carwash, Finish Line Car Wash, Galaxies Express Car Wash, In & Out Express Carwash, Jax Kar Wash, Lulu’s Express Car Wash, Marc-1 Car Wash, Mr. Squeaky Car Wash, Pals Carwash, Pitstop Car Wash, PureMagic Carwash, Silverstar Car Wash, Speedy Clean Car Wash, Suds Car Wash, Swifty Car Wash, Today’s Car Wash, Ultra Car Wash, Wash Me Fast, Wash-N-Go Express Car Wash, and Wiggy Wash brands in Alabama, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Louisiana, Minnesota, Mississippi, Missouri, Nebraska, North Dakota, South Carolina, South Dakota, Tennessee, Texas, Utah.
Mammoth Holdings was founded by Gary Dennis and Chip Hackett in 2002. To learnmore, please visit mammothholdings.com.
About Red Dog Equity Red Dog Equity LLC is a private equity firm that invests in lower middle-market companies poised for strong growth in partnership with driven, entrepreneurial businessleaders (“Red Dogs”). To learn more, please visit reddogequity.com.
About The Pritzker Organization The Pritzker Organization is the merchant bank for the business interests of the Tom Pritzker family. Additional information can be found at pritzkerorg.com.
About CCMP Growth AdvisorsCCMP Growth Advisors, LP (“CCMP Growth”) is aNew Yorkbased growth-oriented private equity firm focused on making lead buyout and growth equity investments in middle-market companiesin the Consumer and Industrial sectors primarily in North America.CCMP Growth leverages the deep investment experience of its team to identify high growth companies in transition, and partners with management to help each platform scale through strategic and operational support.
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SOURCE Mammoth Holdings
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