Spotless Brands completes acquisition of Bluebird Express Car Wash and Epic Shine Car Wash to expand into Idaho and Oregon
Nov 19, 2024•9 months ago
Acquiring Company
Spotless Brands
Acquired Company
Bluebird Express Car Wash
Description
Spotless Brands, a super-regional car wash operator and developer, has announced its acquisition of leading car wash businesses Bluebird Express Car Wash and Epic Shine Car Wash, expanding its footprint into Idaho and Oregon. With these acquisitions, Spotless Brands has scaled from 27 locations at its founding in 2020 to nearly 200 locations today, and is on track to surpass roughly 230 locations by the end of 2025.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed