WOW Carwash Acquires Soap City Express Car Wash, Expanding Brand Presence in Las Vegas Metro Area

Soap City acquisition represents next step of WOW’s ongoing growth plan supported by Garnett Station Partners’ previous growth investment

LAS VEGAS--(BUSINESS WIRE)--WOW Carwash (“WOW” or the “Company”), the leading car wash brand in Las Vegas, today announced it has acquired Soap City Express Car Wash (“Soap City”), an express local car wash site in Las Vegas, as part of its continued regional growth strategy. The acquisition is supported by a previous investment from Garnett Station Partners, LLC (“Garnett Station”), a New York-based principal investment firm that manages over $2 billion of assets. Financial terms of the deal were not disclosed.

Soap City is located nearby Las Vegas’ Downtown Central Business District. In the coming weeks, the location will be rebranded to WOW, offering the same quality express car wash services, innovative technology and high standards that Guests expect from the WOW brand. The Company expects to expand to 25 express carwash locations across the Las Vegas metropolitan area.

“Soap City has built a strong business model that aligns with our own – express service, innovative technology, competitive pricing and an unwavering commitment to our Guests and community. We’re thrilled to add a new location offering WOW’s leading wash services between Downtown and North Las Vegas, further expanding our footprint across the Las Vegas metro area. We are excited to continue our momentum and unlocking more opportunities for regional growth and beyond,” said Scott Wainwright, Co-founder of WOW.

“WOW is an experienced and trusted car wash operator in the area, and we are thrilled that our Soap City location will join their growing network of express car washes,” said Reagan Shallal, Founder of Soap City.

For the fourth year in a row, WOW Carwash was officially recognized as “Best Carwash in Las Vegas” by The Las Vegas Review Journal. The annual “Best of Las Vegas” awards are voted on by the community and WOW was thrilled an honored to be recognized for the fourth year running.

About WOW Carwash

WOW Carwash provides affordable, eco-friendly washes that reflect its environmental dedication while investing strongly in local community causes and organizations to promote a brighter tomorrow. WOW currently operates seven Nevada locations with plans for continued growth and expansion. For more information, please visit https://wowwash.com/.

About Garnett Station Partners

Garnett Station Partners is a principal investment firm founded in 2013 by Matt Perelman and Alex Sloane that manages over $2 billion of assets. Garnett Station partners with experienced and entrepreneurial management teams and strategic investors to build value for its portfolio of growth platforms. The firm draws on its global relationships, operational experience and rigorous diligence process to source, underwrite and manage investments. Core sectors include consumer and business services, health & wellness, automotive, and food & beverage. Garnett Station's culture is based on the principles of entrepreneurship, collaboration, analytical rigor and accountability. For more information, please visit www.garnettstation.com.