Mammoth Holdings Acquires PureMagic Carwash
May 3, 2021
Atlanta-based Mammoth Holdings announced it has acquired PureMagic Carwash, a seven-unit express conveyor car wash operator in the greater Knoxville, Tennessee market. PureMagic founders Jim and Teri Rooney reinvested a meaningful portion of their proceeds into Mammoth equity; the deal was advised on the sell-side by Amplify Car Wash Advisors and Mammoth is backed by Red Dog Equity LLC.
- Targets
- PureMagic Carwash
- Sellers
- Jim Rooney, Teri Rooney
- Platforms
- Mammoth Holdings, LLC
- Industry
- Automotive
- Location
- Tennessee, United States
- Transaction Type
- Addon
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