Mammoth Holdings Acquires PitStop Carwash

June 9, 2020

Atlanta-based Mammoth Holdings acquired PitStop Carwash, a five-site express conveyor car wash operator in Alabama, Mississippi and Louisiana. PitStop founders Steve Schmidt and Brian Hill rolled equity into Mammoth and will take ongoing development roles as Mammoth expands its footprint along the I‑10 corridor; the platform is backed by Red Dog Equity with debt financing from Monroe Capital.

Buyers
Mammoth Holdings, LLC, Red Dog Equity LLC
Targets
PitStop Carwash
Sellers
Steve Schmidt, Brian Hill
Platforms
Mammoth Holdings, LLC
Industry
Automotive
Location
United States
Transaction Type
Addon

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