Flagstop Car Wash acquires Hogwash Express Car Wash
The purchase comes as part of the company’s ongoing regional expansion plans under Garnett Station Partners.
Virginia-based Flagstop Car Wash announced the acquisition of Hogwash Express Car Wash as part of the scaling of its premium car wash platform.
Opened in 2021 by Janet and Tom Hogg, Hogwash has grown to be a provider of car wash services in the Richmond ‘Mid-Town’ area. The brand opened through partnership with River City Enterprises, a Charlottesville based investment company managed by John Epley and Tee Valentine.
The growth plan is supported by the recent strategic capital investment from Garnett Station Partners, a New-York based investment firm. Following Garnett Station’s recapitalization and growth capital announcement in January, the acquisition of Hogwash will support Flagstop’s expansion in the greater Richmond area. Under the terms of the deal, Hogwash will be rebranded as the 15th Flagstop location in the city.
“The addition of Hogwash’s high-quality platform will complement our existing footprint across Richmond, bolstering our market position while giving our customers and club members an additional convenient location to wash with us,” said Craig Marable, Vice President of Operations at Flagstop.
Flagstop Car Wash was founded over 40 years ago in Chester, Virginia by Bob Schrum. Jamie Nester, Craig Marable and Derek Haynes acquired the Company in late 2016 and have grown the brand into a leading express car wash platform in the greater Richmond market with 15 existing locations.
