USA: Mammoth Holdings car wash platform expands its presence
The operator has opened a fifth location under its Swifty brand in Atlanta bringing its total locations in the city to thirteen.
Mammoth Holdings, an Atlanta-based express conveyor car wash operator, has added a fifth location under its Swifty brand on Moreland Avenue in Atlanta. With this opening, Mamooth counts thirteen locations in Atlanta.
"We want to give our customers more choices and added convenience and building out our markets is the best way to do that", explained Mammoth's co-founder and CEO, Gary Dennis.
Mammoth is the first car wash consolidation platform formed by industry-insiders and is now the ninth largest conveyor car wash operator in the United States, according to Commercial Plus's Top 100 list. Mammoth seeks to be the partner-of-choice for car wash operators who desire liquidity, growth capital, and a tax-deferred equity investment opportunity. Mammoth's multi-brand portfolio includes Finish Line, Marc-1, Wash Me Fast, Swifty, and Ultra, among others.
In October 2018, Mammoth partnered with Red Dog Equity LLC, an Atlanta-based private equity firm, which, through its partnership with Tom Pritzker's family business interests, provides the equity for Mammoth's corporate development initiatives. Monroe Capital provides Mammoth's debt financing.
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