USA: Magnolia Wash Holdings acquires Oasis car wash business

The addition of Oasis' 10 carwash sitesexpands Mongolia’s presence to 17 actives centres across the Southeast.

Magnolia Wash Holdings, an express conveyor carwash operator, completed the acquisition of Oasis Express Wash and Extreme Car Wash together (Oasis), according to a press release.

Oasis operates 10 express conveyor carwash locations across the Florida and Georgia state line, including locations in the metro Tallahassee, Florida market.

The acquisition of Oasis brings Magnolia to 17 active centres across the southeast, with seven locations in Florida, seven in Georgia and three in North Carolina.

“The addition of Oasis to the platform expands our presence in north Florida and south Georgia and builds on our existing market position in metro Jacksonville and Atlanta,” stated Frank Bennett, co-founder of Magnolia.
Magnolia Wash Holdings is actively pursuing acquisition and development opportunities in both existing and new markets across the Southeast, says the company.

“We continue to seek-out growth and acquisition opportunities like Oasis as well as greenfield developments within our region,” commented Brooks Moye, co-founder of Magnolia.

Magnolia operates multiple brands across its local markets, and the company is currently developing seven additional sites within its footprint.

Magnolia was founded by Frank Bennett and Brooks Moye in 2014.