ZIPS Car Wash Acquires Jet Brite Car Wash
October 18, 2022
ZIPS Car Wash has acquired Jet Brite Car Wash, an 11-location express tunnel car wash chain based in the Chicago area (including three sites under development), marking ZIPS’ entry into the Chicagoland market and further expanding its Midwest footprint. The deal also gives ZIPS access to the Shadow Car Wash equipment line (formerly Jet Brite Systems) and increases ZIPS’ nationwide network to nearly 275 locations across its brands.
- Buyers
- ZIPS Car Wash
- Targets
- Jet Brite Car Wash
- Industry
- Automotive
- Location
- Illinois, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
El Car Wash Acquires Six ZIPS Car Wash Sites in Florida
February 12, 2025
Automotive
El Car Wash acquired six ZIPS Car Wash sites (including ZIPS Orlando locations and SPIN Car Wash Broward locations) on February 12, 2025, expanding its footprint in Florida. The deal transfers the assets, customer base and operations of the acquired sites to El Car Wash as it deepens its presence in key Florida markets.
-
ZIPS Car Wash Acquires Heroes Car Wash and Rocket Wash Express Locations in North Carolina
January 19, 2022
Automotive
ZIPS Car Wash acquired single-site operations from Heroes Car Wash (Holly Springs, NC) and Rocket Wash Express (Goldsboro, NC), expanding its North Carolina footprint to 32 locations and its nationwide portfolio to more than 225 express car washes. The deals, completed in late December, advance ZIPS's strategy of market density and service for its unlimited wash club members across both metro and smaller communities in the state.
-
Atlantic Street Capital Makes Growth Investment in Zips Car Wash
May 13, 2020
Automotive
Atlantic Street Capital has made a growth-oriented investment in Zips Car Wash, partnering with founder Brett Overman while he remains the majority owner. The capital will support Zips' expansion of its express tunnel car wash platform (185 locations, 17 states) and efforts to grow membership and reach a target of over 500 locations.
-
Atlantic Street Capital Invests $70M in Zips Car Wash
June 18, 2024
Automotive
Atlantic Street Capital has made an additional $70 million investment in its portfolio company Zips Car Wash to support operating initiatives, member experience, leadership, and wash quality. The capital will be used to accelerate growth across Zips' ~270 locations and further develop its membership and equipment upgrades.
-
ZIPS Car Wash Acquires Islands Car Wash Locations in Hilton Head, SC
June 2, 2022
Automotive
ZIPS Car Wash acquired four Islands Car Wash locations in the Hilton Head, South Carolina market (Bluffton, Hilton Head Island and Okatie), making ZIPS the largest express-only car wash chain in South Carolina. The transaction expands ZIPS' footprint in the state to 20 locations and strengthens its coastal market presence to serve both local residents and vacationers.
-
Atlantic Street Capital and ICG Reinvest in Zips Car Wash
May 17, 2022
Automotive
Atlantic Street Capital has increased its investment in portfolio company Zips Car Wash, acquiring equity from founding shareholders and rolling/increasing its GP commitment alongside lead investor ICG and other partners. The recapitalization funds continued organic growth, strengthens the leadership team, and supports Zips' strategy to expand sites and accelerate acquisitions in a fragmented car wash market.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.