Acquiring Company
El Car Wash
Acquired Company
Johnny Clean Car Wash
MiamiDeerfield BeachRetailRetailDescription
El Car Wash has acquired Johnny Clean Car Wash, expanding its footprint in Florida. This acquisition adds five new stores to El Car Wash's portfolio. Existing customers of Johnny Clean will be integrated into El Car Wash's network. The newly acquired locations will be rebranded and enhanced with El Car Wash's signature offerings.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed