Car wash

El Car Wash Expands Florida Presence With Central and Southwest Florida Acquisitions

Retrieved on: 
Thursday, March 14, 2024
Other Retail, Retail, Other Automotive, General Automotive, Automotive, Acquisition, Suncoast, Growth, Investment, Car wash

El Car Wash, known for its rapid expansion and status as Florida’s premier Car Wash operator, is proud to announce the acquisition of two new locations: Sweetwater Car Wash Dr. Phillips in Orlando and Suncoast Express Car Wash in Ft Myers.

Key Points: 
  • El Car Wash, known for its rapid expansion and status as Florida’s premier Car Wash operator, is proud to announce the acquisition of two new locations: Sweetwater Car Wash Dr. Phillips in Orlando and Suncoast Express Car Wash in Ft Myers.
  • This strategic expansion signifies El Car Wash’s growing presence in Central Florida with the Sweetwater Dr. Phillips acquisition paving the way for additional sites in 2024, including Altamonte Springs, Boggy Creek, Davenport, Lake Nona, Merritt Island, and Rockledge.
  • Additionally, El Car Wash is launching special promotions for new members to commemorate these exiting new locations.
  • “These acquisitions further enhance El Car Wash’s market-leading position, stretching from Miami to Greater Orlando,” said Mike Hill, Area Vice President.

Mammoth Holdings Opens Silverstar Car Wash in Coon Rapids, MN

Retrieved on: 
Monday, March 11, 2024
Growth, Car wash, Partnership, Ultra, Mammoth, BMO Capital Markets, Financial services

DALLAS, March 11, 2024 /PRNewswire/ -- Mammoth Holdings LLC, America's premier express car wash platform, announced the recent opening of its newest location, Silverstar Car Wash outside Minneapolis in Coon Rapids, Minnesota.

Key Points: 
  • DALLAS, March 11, 2024 /PRNewswire/ -- Mammoth Holdings LLC, America's premier express car wash platform, announced the recent opening of its newest location, Silverstar Car Wash outside Minneapolis in Coon Rapids, Minnesota.
  • "We are thrilled to bring our state-of-the-art technology and equipment to Coon Rapids and the Greater Minneapolis area so customers can experience a top-notch car wash," said Dave Hoffmann, Chairman and CEO of Mammoth Holdings.
  • Mammoth Holdings is the first car wash platform formed by industry insiders and has 135 operating locations.
  • Mammoth Holdings' multi-brand portfolio includes Busy Bee Car Wash, Coastal Carwash, Finish Line Car Wash, Galaxies Express Car Wash, In & Out Express Carwash, Jax Kar Wash, Lulu's Express Car Wash, Marc-1 Car Wash, Mr. Squeaky Car Wash, Pals Carwash, Pitstop Car Wash, PureMagic Carwash, Silverstar Car Wash, Speedy Clean Car Wash, Suds Car Wash, Swifty Car Wash, Today's Car Wash, Ultra Car Wash, Wash Me Fast, Wash-N-Go Express Car Wash, and Wiggy Wash.
    Mammoth has significant growth capital available and is actively seeking acquisitions and development opportunities.

BLISS Car Wash Drives Sustainable Solutions: Unveiling Five Eco-Friendly Locations for 2024

Retrieved on: 
Tuesday, February 27, 2024
Car wash, City, Water, Cypress, Sanitation, BLISS

LOS ANGELES, Feb. 27, 2024 (GLOBE NEWSWIRE) -- BLISS Car Wash, a leading automated car wash chain in Southern California, will open five new eco-friendly locations in 2024, bringing its total to fifteen sites by the end of the year, according to Vahid David Delrahim , CEO of BLISS Car Wash.

Key Points: 
  • LOS ANGELES, Feb. 27, 2024 (GLOBE NEWSWIRE) -- BLISS Car Wash, a leading automated car wash chain in Southern California, will open five new eco-friendly locations in 2024, bringing its total to fifteen sites by the end of the year, according to Vahid David Delrahim , CEO of BLISS Car Wash.
  • The eagerly anticipated eco-friendly car wash facilities are gearing up to launch in several key locations throughout the year.
  • Delrahim said BLISS is also rebuilding its car wash in San Bernardino, which caught fire in November after a customer’s car malfunctioned.
  • Incorporating advanced water recycling systems, energy-efficient technologies, and biodegradable cleaning products, BLISS Car Wash aims to set new standards for eco-friendly car care.

DRIVEN ALERT: Bragar Eagel & Squire, P.C. is Investigating Driven Brands Holdings, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

Retrieved on: 
Thursday, February 22, 2024
Acquisition, Car wash, DRVN, Telephone, Growth, P.C, Risk management

Our investigation concerns whether the board of directors of Driven have breached their fiduciary duties to the company.

Key Points: 
  • Our investigation concerns whether the board of directors of Driven have breached their fiduciary duties to the company.
  • The Company operates through four reportable business segments: Maintenance; Car Wash; Paint, Collision and Glass; and Platform Services.
  • In August 2020, Driven acquired International Car Wash Group, the world’s largest car wash company by location count.
  • In late December 2021, Driven acquired Auto Glass Now, through which Driven expanded its auto glass business into the U.S. market.

SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Driven Brands Holdings Inc. - DRVN

Retrieved on: 
Tuesday, February 20, 2024
Car wash, Pomerantz, Court, DRVN, News, Glass, Complaint, Ext, LLP, Mason, Action Replay, Paint

NEW YORK, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Driven Brands Holdings Inc. (“Driven” or the “Company”) (NASDAQ: DRVN).

Key Points: 
  • NEW YORK, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Driven Brands Holdings Inc. (“Driven” or the “Company”) (NASDAQ: DRVN).
  • Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
  • The class action concerns whether Driven and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

Jax Kar Wash Revolutionizes Car Washing in Waukesha, WI with 7th Jilly's Car Wash Location

Retrieved on: 
Tuesday, March 5, 2024
Work, Car wash, Growth, Freedom, Muskego, Wisconsin

WAUKESHA, Wis., March 5, 2024 /PRNewswire-PRWeb/ -- Jax Kar Wash (Jax), a trusted name in top-quality car cleaning services, is proud to announce the grand opening of its seventh Jilly's Car Wash location, now open to serve the community of Waukesha, Wisconsin. This expansion marks another milestone in Jax's commitment to providing top-quality car cleaning services across the region.

Key Points: 
  • Local Car Wash Offers Belt Car Wash Conveyor, State-of-the-Art Gear and Exclusive Membership Package
    WAUKESHA, Wis., March 5, 2024 /PRNewswire-PRWeb/ -- Jax Kar Wash (Jax), a trusted name in top-quality car cleaning services, is proud to announce the grand opening of its seventh Jilly's Car Wash location, now open to serve the community of Waukesha, Wisconsin.
  • The new Jilly's Car Wash located at 2301 W Bluemound Road, Waukesha, WI 53186, offers a belt car wash conveyor.
  • Additionally, Jilly's Car Wash in Waukesha presents Unlimited Car Wash Packages starting at $24.99 per month, granting unlimited washes at all of Jilly's locations and featuring state-of-the-art washing equipment for optimal vehicle care.
  • Jax Kar Wash currently operates seven Jilly's Car Wash sites across Wisconsin, with more in the pipeline, as they continue their mission to make high-quality car care accessible to all.

Mammoth Holdings Opens Silverstar Car Wash in White Bear Lake, MN

Retrieved on: 
Thursday, February 22, 2024
Car wash, BMO Capital Markets, Growth, Mammoth, Ultra, Partnership, Financial services

DALLAS, Feb. 22, 2024 /PRNewswire/ -- Mammoth Holdings LLC, America's premier express car wash platform, announced the recent opening of its newest location, Silverstar Car Wash outside Minneapolis in White Bear Lake, Minnesota.

Key Points: 
  • DALLAS, Feb. 22, 2024 /PRNewswire/ -- Mammoth Holdings LLC, America's premier express car wash platform, announced the recent opening of its newest location, Silverstar Car Wash outside Minneapolis in White Bear Lake, Minnesota.
  • "Customers in the Greater Minneapolis area will experience state-of-the-art technology and equipment for the highest quality car wash every time," said Dave Hoffmann, Chairman and CEO of Mammoth Holdings.
  • Mammoth Holdings is the first car wash platform formed by industry insiders and has 134 operating locations.
  • Mammoth Holdings' multi-brand portfolio includes Busy Bee Car Wash, Coastal Carwash, Finish Line Car Wash, Galaxies Express Car Wash, In & Out Express Carwash, Jax Kar Wash, Lulu's Express Car Wash, Marc-1 Car Wash, Mr. Squeaky Car Wash, Pals Carwash, Pitstop Car Wash, PureMagic Carwash, Silverstar Car Wash, Speedy Clean Car Wash, Suds Car Wash, Swifty Car Wash, Today's Car Wash, Ultra Car Wash, Wash Me Fast, Wash-N-Go Express Car Wash, and Wiggy Wash.
    Mammoth has significant growth capital available and is actively seeking acquisitions and development opportunities.

ZIPS Car Wash Promotes Katie Murphree to Chief Financial Officer

Retrieved on: 
Wednesday, February 21, 2024
CFO, CPA, Car wash, Senior, Growth, University, BSBA, Finance, Financial management, Information system

PLANO, Texas, Feb. 21, 2024 /PRNewswire/ -- ZIPS Car Wash announced today its newest executive leadership team member, Katie Murphree, as Chief Financial Officer.

Key Points: 
  • PLANO, Texas, Feb. 21, 2024 /PRNewswire/ -- ZIPS Car Wash announced today its newest executive leadership team member, Katie Murphree, as Chief Financial Officer.
  • Murphree is being promoted from Senior Vice President of Financial Planning and Analysis to CFO after nearly two years of dedicated work with the express car wash chain.
  • Murphree will use her more than 30 years of extensive training as a CPA and financial leadership experience to oversee the ZIPS finance team.
  • In the last 3 years, ZIPS has acquired and developed more than 75 new locations and now owns and operates 280 locations across 25 states under three unique car wash brands.

DRIVEN BRANDS 96 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuit Against Driven Brands Holdings Inc. - DRVN

Retrieved on: 
Saturday, February 17, 2024
Class Action Lawsuit, Professional Services, Legal, Car wash, Court, DRVN, KSF, News, Driven, District court, Collision, Special warfare combatant-craft crewmen, Paint

This action is pending in the United States District Court for the Western District of North Carolina.

Key Points: 
  • This action is pending in the United States District Court for the Western District of North Carolina.
  • Driven Brands and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
  • The case is Genesee County Employees' Retirement System v. Driven Brands Holdings Inc., 23-cv-00895.
  • About Kahn Swick & Foti, LLC
    KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms.

DRIVEN BRANDS INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In Driven Brands To Contact Him Directly To Discuss Their Options

Retrieved on: 
Thursday, February 15, 2024
Car wash, Court, DRVN, Advertising, Growth, Glass, Woman, LLP, Paint, Cryptocurrency

NEW YORK, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Driven Brands Holdings Inc. (“Driven Brands” or the “Company”) (NASDAQ: DRVN) and reminds investors of the February 20, 2024 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Key Points: 
  • Faruqi & Faruqi is a leading minority and Woman-owned national securities law firm with offices in New York, Pennsylvania, California and Georgia.
  • The Company also represented that the large scale of its car wash business served as a “competitive moat” that would preserve Driven Brands’ competitive position.
  • In addition, regarding Driven Brands’ Car Wash segment, the Company disclosed that increased exposure to “intensified competitive intrusion” negatively impacted demand from Driven Brands’ high-margin retail car wash customers.
  • Faruqi & Faruqi, LLP also encourages anyone with information regarding Driven Brands’ conduct to contact the firm, including whistleblowers, former employees, shareholders and others.