HOUSTON–(BUSINESS WIRE)–WhiteWater Holding Company, LLC (“WhiteWater”), an express car wash platform headquartered in Houston, has announced the acquisition of Quick N Clean 60, LLC in Manor, Texas (“Quick N Clean Manor” or “Manor”). The acquisition of Quick N Clean Manor represents the first of four locations opening in the Austin market over the next several months.
“It was a pleasure working with WhiteWater to complete this transaction. They were a natural buyer given their local knowledge of Texas car wash operations, their strong presence in Houston and Dallas MSAs, and their desire to quickly expand into the Austin market. WhiteWater put together a simple offer that made them easy to work with, and they were efficient and respectful from signing to closing. It’s evident our existing employees will be in good hands going forward with the WhiteWater team,” said Richard Karle, Quick N Clean’s President.
Quick N Clean Manor will be rebranded under the WhiteWater banner. All Manor employees will be retained and will help WhiteWater launch into the Austin market.
WhiteWater’s CEO Steve Mathis said, “Manor represents our first step into Austin, and we plan to open a number of nearby locations that will provide a high-quality wash experience for customers in the Austin market. We have three greenfield locations in development and under construction, giving us a total of four locations in Austin by the end of the year.”
Clayton Clark, WhiteWater’s President & COO, added, “We’re fortunate to have found such a strong team at Manor and we look forward to working alongside them as we grow our presence in Austin. We’re thrilled to welcome them to the WhiteWater family.”
About WhiteWater Express Car Wash
WhiteWater is a multi-location car wash platform headquartered in Texas and backed by SkyKnight Capital. WhiteWater offers express exterior car washes with locations in Houston, Dallas, Austin, and Tulsa. WhiteWater is led by Steve Mathis and Clayton Clark. More information is available at www.whitewatercw.com. For development or partnership discussions, please contact Ronnie Corbin, President of Development, at: rcorbin@whitewatercw.com.
About Quick N Clean
Headquartered in Scottsdale, Arizona, Quick N Clean operates express car washes across Arizona, Colorado, California, Nevada, and Texas. Quick N Clean was originally founded by Richard Karle in the early 1990’s under the brand Upper Image Services. More information is available at www.quicknclean.net.
About SkyKnight Capital
Founded in 2015, SkyKnight manages approximately $900 million in assets across its funds and co-investment vehicles on behalf of institutional family offices, leading foundations, and endowments. SkyKnight focuses on building long-term partnerships with high-quality businesses in acyclical growth sectors alongside exceptional management teams. SkyKnight makes equity investments ranging from $20 million to over $200 million. More information is available at www.skyknightcapital.com.
Contacts
Devann Blake
Marketing Manager
WhiteWater Express Car Wash
Email: devann@whitewatercw.com
Phone: 346-367-2504
