USA: WhiteWater acquires Jerry Express Car Wash
The addition of Jerry’s 7 centres brings WhiteWater to 16 locations in the Dallas-Fort Worth market, and a total of 27 car washes in the country.
WhiteWater Express Car Wash, an express car wash platform in the United States, added 7 locations across the Dallas-Fort Worth (DFW) market with the acquisition of Jerry’s Express Car Wash business.
The acquisition of Jerry’s brings WhiteWater to 16 locations in the DFW market, 50% higher than the next largest competitor, according to a company’s press release.
WhiteWater now has 27 locations in operation with two sites in Houston and Austin opening in January for a total of 29 locations.
In connection with the Jerry’s transaction, SkyKnight Capital will invest incremental capital into Houston-based WhiteWater to support the next phase of accelerating growth.
Founded in 2015, SkyKnight Capital manages over $1.5 billion in private equity capital.