Mammoth Holdings Acquires Lulu's Express

March 8, 2021

Mammoth Holdings, an Atlanta-based conveyor car wash operator, has acquired Lulu's Express, a six-unit express conveyor car wash operator with locations in Augusta, Georgia and Aiken, South Carolina. Lulu's founders Carlos Marban and Robert Black made significant equity investments in Mammoth as part of the transaction, which expands Mammoth's network across I-20 into South Carolina and further builds out its multi-brand platform backed by Red Dog Equity.

Buyers
Mammoth Holdings, LLC, Red Dog Equity LLC
Targets
Lulu's Express
Sellers
Lulu's Express, Carlos Marban, Robert Black
Platforms
Mammoth Holdings, LLC
Industry
Automotive
Location
Georgia, United States
Transaction Type
Addon

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