Splash Car Wash Acquires 4 Seasons; Begins Construction On Multiple Express Sites
Aug 29, 2022•almost 3 years ago
Acquiring Company
Car Wash
Acquired Company
4 Seasons
Description
Splash Car Wash, headquartered in Milford, Connecticut, today announced the acquisition of 4 Seasons Car Wash, a Liverpool, New York operation with two sites serving the market. One location is an express wash while the other currently operates in a self-service capacity which will be converted to an express format over the next few months. This acquisition brings Splash's total wash count to 54, 38 of which are located in New York with the remainder in CT and VT.
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
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