ATLANTA, October 27 — Mammoth Holdings LLC, America’s premier express
car wash platform, announced the recent acquisition of its newest location, In & Out Express Carwash in Ruskin, Fla. The site, located near Tampa, highlights Mammoth’s rapidly accelerating development strategy through existing store and brand acquisitions.
“In & Out Express Carwash in Ruskin is another great step forward in our goal of operating 500 sites over the next 5 years,” said Dave Hoffmann, Chairman and CEO of Mammoth Holdings. “Continuous and ongoing acquisition activity is a key element of Mammoth’s growth strategy, and, alongside greenfield construction, In & Out advances our plans to expand new site development. We are especially excited to further our rapidly-growing footprint in the Florida market.”
The Ruskin location is another of several upcoming sites slated for Mammoth’s acquisition. The store expands Mammoth’s overall footprint throughout the United States, along with dozens of new sites under construction that Mammoth plans to complete in the coming years. The In & Out location expands Mammoth’s footprint within the Florida market to 10 operating locations.
Mammoth Holdings is the first car wash platform formed by industry insiders and has 111 operating locations. Mammoth is customer-focused operationally; operator-focused in its approach to acquisitions; and seeks to be the partner-of-choice for car wash operators who desire liquidity, growth capital, and a tax-deferred equity investment opportunity.
Mammoth Holdings’ multi-brand portfolio includes Coastal Carwash, Shine-N-Go, SUDS, Silverstar, Busy Bee, PureMagic, Marc-1, Ultra, Wash Me Fast, Wiggy Wash, Pals, Finish Line, LuLu’s, Ollie’s, PitStop, and Swifty, among others.
Mammoth has significant growth capital and is actively seeking acquisitions and development opportunities.
In October 2018, Mammoth partnered with Red Dog Equity LLC, an Atlanta-based private equity firm, which, through its partnership with Tom Pritzker’s family business interests (advised by The Pritzker Organization), provides the equity for Mammoth Holdings’ corporate development initiatives. Monroe Capital and Morgan Stanley provide Mammoth Holdings’ debt financing.
About Mammoth Holdings Headquartered in Atlanta, Mammoth Holdings operates 108 conveyor car washes under the Coastal Carwash, SUDS, Silverstar, Busy Bee, PureMagic, Marc-1, Ultra, Wash Me Fast, Wiggy Wash, Pals, Finish Line, LuLu’s, Ollie’s, PitStop, and Swifty brands in Georgia, Alabama, Kentucky, Illinois, Utah, South Carolina, Mississippi, Louisiana, Indiana, Missouri, Tennessee, North Dakota, South Dakota, Iowa, Nebraska, and Florida. Mammoth Holdings was founded by Gary Dennis and Chip Hackett in 2002. To learn more, please visit us online at mammothholdings.com.
About Red Dog Equity LLC
Red Dog Equity LLC is a private equity firm that invests in lower middle-market
companies poised for strong growth in partnership with driven, entrepreneurial business
leaders (“Red Dogs”). To learn more, please visit reddogequity.com.
About The Pritzker Organization
The Pritzker Organization is the merchant bank for the business interests of the Tom
Pritzker family. Additional information can be found at pritzkerorg.com.