Amplify Car Wash Advisors, a national mergers and acquisitions and capital advisory firm founded by Bill Martin and Jeff Pavone, announced the successful acquisition of three Super Shine Car Wash locations in southeastern Tennessee by growing express car wash chain, ModWash. Amplify Car Wash Advisors represented the seller in the transaction.
“We know this is the first of many transactions we will successfully complete with the Amplify team as we grow from our current operating store count of 23 to well over 200 locations across 14 states in the next two years,” said Brian Thornton, chief operating officer of ModWash.
“We have loved serving the Chattanooga, Tennessee community for many years,” said Alan Fitzmaurice and Marcia Fitzmaurice, owners of Super Shine Car Wash. “We know the locations will be in good hands as they join the ModWash brand.”
Amplify Car Wash Advisors has pledged to make a charitable donation after each transaction closing. “Bill [Martin] and I have been very blessed to be part of the car wash industry and have made a commitment to giving back,” said Jeff Pavone, partner at Amplify Car Wash Advisors. Following the Super Shine transaction closing, Amplify Car Wash Advisors donated to St. Jude Children’s Research Hospital at Motor City Wash Works’ 13th Annual Open House and Charity Event held in Detroit, MI in August.
From left to right: Brad Mann, Bill Martin, and Jeff Pavone at Motor City Wash Work's 13th annual Open House and Charity Auction.