Tidal Wave Auto Spa

Tidal Wave is one of the largest and fastest growing premium conveyor car wash systems in the U.S. and has a current footprint of over 60 locations across eleven states in the Southeast and the Midwest. The company’s unit count has grown 50% annually since 2017. Tidal Wave’s exceptional team and proprietary technology, cleaning products and systems deliver the highest quality car washes, complemented by unmatched customer service and state-of-the-art facilities. The company is differentiated by its unique Unlimited Wash Club, which offers customers unbeatable value across an array of options, including exterior and interior cleaning, as well as a family plan.

has acquired

Car Wash Operator

Situation

BlackArch was retained as Golden Gate’s financial advisor.

BlackArch’s Customized Solution

This transaction marks the fifth car wash deal closed by BlackArch in 2020 and further builds BlackArch’s leading proficiency in the car wash industry that spans through all segments of the sector value chain.

Outcome

Golden Gate capital acquired Tidal Wave Auto Spa.

Industries:

Automotive Aftermarket, Consumer Products & Services

Location:

Thomaston, GA

Transaction type:

Buyside Advisory