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Raceway Car Wash acquires Foothill Express Car Wash

Mar 24, 20254 months ago

Acquiring Company

Raceway Car Wash

Acquired Company

Foothill Express Car Wash

PhoenixFontanaInformation TechnologyRetailAutomotive

Description

Raceway Car Wash is acquiring Foothill Express Car Wash, marking its 45th location in the U.S. This acquisition is set to enhance convenience for customers in Fontana, California. Raceway plans to implement upgrades to improve the car wash experience. The new site will complement an existing Raceway location in the area.

Company Information

Company

Raceway Car Wash

Location

Phoenix, Arizona, United States

About

Raceway Car Wash is a privately held company specializing in car wash services. Established with a focus on convenience and high-quality service, it operates locations primarily in the southwest United States. The company washes millions of vehicles annually and is committed to ongoing expansion. It aims to enhance the customer experience with modern facilities and technology.

M&A Insights

Based on deal data
Integration 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

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