HOUSTON — WhiteWater Express Car Wash, a multi-location express carwash operator headquartered in Houston and backed by SkyKnight Capital, recently announced its merger with Legends Express Car Wash, according to a press release.
The strategic combination creates a top-tier carwash platform with 15 locations in Houston, Dallas, Austin and Tulsa, the release continued.
The combined entity will operate under the WhiteWater banner and be led by CEO Steve Mathis, President and Chief Operating Officer Clayton Clark and President of Development Ronnie Corbin, the release noted.
Clark helped build Bubbles Car Wash before it sold to Mister Car Wash as a 13-wash platform, while Corbin helped build Boomerang Car Wash before it sold to Zips Car Wash as a 29-wash platform, the release added.
Clark said, “WhiteWater is building a first-rate carwash platform, one in which top operators can be a part of the company’s strategic growth. As a part of that plan, we are thrilled to partner with Ronnie and the Legends team. Ronnie has done a terrific job of building a team of exceptional employees and beautiful stores in prime locations. We look forward to working together and building on their current success.”
“WhiteWater and Legends have forged parallel paths, and we are excited to join forces to create a unified culture of excellence,” said Corbin. “After evaluating alternatives, we determined that WhiteWater offered a unique and differentiated value proposition to jointly build a best-in-class carwash platform and accelerate store growth. We are excited to work side-by-side with Steve, Clayton and the SkyKnight team to deliver a first-class product to our customers, bring more stores to our markets and expand our footprint into new geographies.”
Mathis remarked, “This transaction is a key step towards our objective of strategic growth. Legends brings three additional markets to our portfolio and is essential to our buy-and-build strategy. In addition to our greenfield expansion in Houston, Dallas, Austin and Tulsa, we plan to expand into new geographies through partnerships and acquisitions. SkyKnight has proven to be a valuable partner through collaborating on strategic initiatives, acquisition sourcing and deal execution as we pursue our ambitious growth plan.”
Jordan Milich from SkyKnight added, “At WhiteWater, we want to be known as a platform of choice for owners that care about their people and processes. With a focus on culture and profitable growth, we are committed to building an enduring business over the long-term.”
