Mammoth Holdings Acquires Finish Line Car Wash
May 13, 2019
Atlanta-based Mammoth Holdings LLC acquired FLCW, LLC d/b/a Finish Line Car Wash, an eight-unit express conveyor carwash operator headquartered in Paducah, Kentucky. Finish Line founders Nancy Bergfield and Chris Presswood rolled a significant portion of their proceeds into Mammoth and will take ongoing roles; equity for the deal was provided by Red Dog Equity (in partnership with Tom Pritzker family interests/advised by The Pritzker Organization) and debt financing was provided by Monroe Capital.
- Buyers
- Mammoth Holdings LLC, Red Dog Equity LLC, Tom Pritzker family business interests (advised by The Pritzker Organization)
- Targets
- FLCW, LLC d/b/a Finish Line Car Wash
- Sellers
- Finish Line Car Wash founders (Nancy Bergfield and Chris Presswood)
- Platforms
- Mammoth Holdings LLC
- Industry
- Automotive
- Location
- Kentucky, United States
- Transaction Type
- Addon
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