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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