Alimentation Couche-Tard Acquires True Blue Car Wash LLC
December 22, 2022
Alimentation Couche-Tard Inc. has entered into a definitive agreement to acquire all membership interests of True Blue Car Wash LLC, an operator of express tunnel car washes under the Clean Freak and Rainstorm brands. True Blue operates 65 locations across Arizona, Texas, Illinois and Indiana, with ~170,000 subscription members and strong proximity (85% within three miles) to Circle K locations, enabling cross-promotional opportunities.
- Buyers
- Alimentation Couche-Tard Inc.
- Targets
- True Blue Car Wash LLC
- Industry
- Automotive
- Location
- Arizona, United States
- Transaction Type
- Buyout
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