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Spotless Brands completes acquisition of Bluebird Express Car Wash and Epic Shine Car Wash to expand into Idaho and Oregon

Nov 19, 2024about 1 year ago

Acquiring Company

Spotless Brands

Acquired Company

Bluebird Express Car Wash

Oakbrook TerraceBoiseNampaRetailAutomotiveAutomotiveManufacturing

Description

Spotless Brands, a super-regional car wash operator and developer, has announced its acquisition of leading car wash businesses Bluebird Express Car Wash and Epic Shine Car Wash, expanding its footprint into Idaho and Oregon. With these acquisitions, Spotless Brands has scaled from 27 locations at its founding in 2020 to nearly 200 locations today, and is on track to surpass roughly 230 locations by the end of 2025.

Company Information

Company

Spotless Brands

Location

Oakbrook Terrace, Illinois, United States

About

Spotless Brands is a leading super-regional car wash company that owns and operates over 220 locations spanning eleven states and the District of Columbia. Offering a distinctive customer experience, Spotless boasts a network of diverse car wash formats conveniently positioned in areas where customers live, work, and play. Spotless owns and operates premier car wash brands including Flagship Carwash, Cobblestone Auto Spa, Ultimate Shine Car Wash, Okie Express Auto Wash, Bluebird Express Car Wash, and Epic Shine 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.

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M&A Insights

Based on deal data
Integration 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