Amplify serves as exclusive financial advisor to Today’s Car Wash in Mammoth Holdings acquisition

SCOTTSDALE, Ariz. – Amplify Car Wash Advisors, a full-service advisory firm specializing in mergers and acquisitions, capital advisory, and operational advisory services, served as the exclusive financial advisor to Today’s Car Wash in its recent acquisition by Mammoth Holdings. The transaction included seven operating sites and an additional location under construction; this is one of…

Amplify Capital Group
December 22, 2023
Amplify serves as exclusive financial advisor to Today’s Car Wash in Mammoth Holdings acquisition

December 22, 2023

SCOTTSDALE, Ariz. – Amplify Car Wash Advisors, a full-service advisory firm specializing in mergers and acquisitions, capital advisory, and operational advisory services, served as the exclusive financial advisor to Today’s Car Wash in its recent acquisition by Mammoth Holdings. The transaction included seven operating sites and an additional location under construction; this is one of Mammoth’s largest deals to date.

Today’s Car Wash was founded by Tyler and Lisa Furney in 2008. Since then, they have grown the brand to seven well-performing express car wash sites throughout Central Texas. Two of their locations opened within the last year.

“It’s been an incredible journey going from a single car wash in Killeen, Texas, to a growing regional brand,” said Tyler Furney. “Just thinking about the possibility of selling was tough. That’s why I called Amplify for solid guidance, especially knowing they have extensive operator experience and a highly respected transaction history.”

Amplify’s Chief Operating Officer Chris Jenks shared, “We are honored to have been chosen as the trusted advisor to Today’s Car Wash. Tyler and his team have built an incredible company. Their strong operating footprint, best-in-class unit economics, deep management team, and excellent company culture made them an ideal partner for Mammoth.”

Tyler Furney continued, “Lisa and I are excited to work alongside the team at Mammoth to help lead expansion efforts in our home state of Texas and beyond, as well as create even more career growth opportunities for Today’s Car Wash employees.”

Mammoth Holdings is an operator-founded car wash platform with more than 130 locations across several states.

Dave Hoffmann, CEO and Chairman of Mammoth Holdings, commented, “We have worked with Amplify many times and appreciate their team’s thorough and professional process. With the strategic addition of Today’s Car Wash, we are poised for continued growth in a new market.”

Drawing on decades of car wash industry knowledge and Wall Street experience, Amplify’s deal execution team supports owner-operators and financial sponsor-backed platforms throughout the life cycle of an M&A transaction.

Amplify is the only advisor to have worked with every top operator in the car wash sector, successfully completing transactions with more than 70% of the top 25 largest conveyor car wash brands.

About Amplify Car Wash Advisors

Headquartered in Scottsdale, Arizona, Amplify Car Wash Advisors is a nationwide full-service advisory firm founded by industry veteran Bill Martin and Jeff Pavone. With a mission of maximizing value for clients, Amplify helps car wash owners sell, partner, or grow using practical industry experience as operators coupled with expertise in mergers and acquisitions and capital advisory. Learn more at AmplifyWash.com and listen to its podcast, Car Wash M&A, The Podcast, available on most podcast listening apps.

About Mammoth Holdings

Headquartered in Dallas, Mammoth Holdings, LLC operates 132 conveyor car washes under the 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 brands in Georgia, Alabama, Kentucky, Illinois, Utah, South Carolina, Mississippi, Louisiana, Indiana, Missouri, Tennessee, North Dakota, South Dakota, Iowa, Nebraska, Florida, and Texas. To learn more, please visit mammothholdings.com.

 

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