ATLANTA, January 9 — Mammoth Holdings LLC, America’s premier express
car wash platform, announced the recent acquisition of its newest location, Speedy Clean Car Wash in Port Charlotte, Fla. The site, located on Florida’s Gulf Coast, highlights Mammoth’s rapidly accelerating development strategy through existing store and brand acquisitions.
“We’re excited to have Speedy Clean join the Mammoth family,” said Dave Hoffmann, Chairman and CEO of Mammoth Holdings. “It’s another step forward in the continuation of our goal of 500 store locations over the next 5 years — Mammoth’s Drive to Five. Our growth depends primarily on new acquisitions and, in addition to greenfield construction, Speedy Clean means another brand now following Mammoth’s mission statement to create a positive, fast, friendly and clean environment for our great customers. It also further secures Mammoth’s hold on the rapidly growing Florida market.”
Speedy Clean, the second of Mammoth’s Port Charlotte locations, is one of several sites slated for Mammoth’s growth. The store expands Mammoth’s overall footprint throughout the United States, along with an expected 50 new sites under construction that Mammoth plans to complete in 2023. The Speedy Clean location expands Mammoth’s footprint within the Florida market to 11 operating locations.
Mammoth Holdings is the first car wash platform formed by industry insiders and has 117 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, Silverstar, 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 117 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, Silverstar, 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 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.
