Busy Bee joins Mammoth Holdings

Busy Bee joins Mammoth Holdings

ATLANTA — Mammoth continues its growth in the south with a Miami carwash partnership.

ATLANTA — Mammoth Holdings, LLC, an Atlanta-based conveyor carwash operator, announced that Busy Bee Car Wash, a three-unit carwash operator in Miami, Florida, will join the company, according to a press release.

Busy Bee’s owner, Jim Mulholland, chose to invest into Mammoth’s equity.

Dave Hoffmann, Mammoth’s chairman and CEO, said, “The Mulholland family has built a special legacy in the Miami market. Busy Bee has been a staple in its communities for over 50 years, and we are excited that Jim chose us to continue that legacy. Jim [Mulholland] is exactly the type of partner we seek to grow with — a high-integrity individual committed to operational excellence. Jim will become a vice president on Mammoth’s executive team where he will be focused on driving expansion in the greater Miami area.”

Mulholland stated, “It was very important to me to pick a partner that I trusted. I’ve known Jim Rooney, Gary Dennis and Marcus Kittrell for a long time, and I hit it off right away with Dave Hoffmann. Mammoth provided exactly the structure I was looking for … long-term upside and a partnership with the best people in the industry.” 

Amplify Car Wash Advisors provided sell side advisory services on the transaction.  

Mammoth is customer-focused operationally and operator-focused in its approach to partnerships and acquisitions, and seeks to be the partner of choice for carwash operators who desire liquidity, growth capital and a tax-deferred equity investment opportunity. 

Mammoth’s multi-brand portfolio includes Marc-1, Wash Me Fast, Swifty, Ultra, Finish Line, Wiggy Wash, Shine On, Pit Stop, Lulu’s, Ollie’s, PureMagic and now Busy Bee, among others. 

Mammoth has significant growth capital at its disposal and is actively seeking acquisitions and development opportunities. 

In October 2018, Mammoth partnered with Red Dog Equity LLC, an Atlanta-based private equity firm, which, through its partnership with Tom Pritzker’s family business interests (advised by The Pritzker Organization), provides the equity for Mammoth’s corporate development initiatives. 

Monroe Capital provides Mammoth’s debt financing.

You May Also Like

Firmament leads investment in Sparkle Express Car Wash Group

NEW YORK — Sparkle’s expansion receives a boost with Firmament’s backing, promising optimized operations and market penetration.

Firmament leads investment in Sparkle Express Car Wash Group

NEW YORK — According to a press release, Firmament, a provider of structured equity capital solutions to small and medium-sized enterprises, announced its strategic investment in Sparkle Express Car Wash Group, a new membership-based express carwash brand headquartered in Chicago with locations across Georgia, South Carolina, and Illinois.

Sparkle represents the business combination of 19 separate unit acquisitions across all three states.

Whistle Express Car Wash acquires Rainforest Car Wash locations

CLEVELAND — Five new and rebranded locations will more than double the fast-growing Whistle Express Car Wash chain.

Mint Eco Car Wash and Detail Center wins three awards

WEST PALM BEACH, Fla. — Awards are from two of South Florida’s largest publications, The Palm Beach Post and South Florida Business Journal.

Mint Eco Car Wash logo
Express Wash Concepts hosts inaugural Washy Awards

COLUMBUS, Ohio — The Washy Awards recognized exceptional sites and team member contributions, as well as long term service anniversaries.

Soapy Joe’s to celebrate ninth Soapy Joe’s Day

SAN DIEGO — Soapy Joe’s celebration also includes sign-ups for free Magic Joe carwashes and trying to break a world record.

Soapy Joe's to celebrate ninth Soapy Joe's Day

Other Posts

Building wealth with real estate syndications

One of the best kept secrets to building wealth and creating passive income.

International Carwash Association welcomes Ben Higgs

WHEATON, Ill. — Higgs brings extensive experience from the auto dealer market to enhance the renowned LEAD carwash manager training program.

ica welcomes ben higgs
D&S Car Wash Supply acquires WashCard Systems

HIGH RIDGE, Mo. — WashCard develops payment hardware and software technology for the carwash sector, including tap-based payment methods.

Spark Car Wash Mount Holly hosts ribbon cutting with mayor

MOUNT HOLLY, N.J. — Mayor Chris Banks celebrated the opening of the new Spark Car Wash in the Mount Holly/Lumberton, New Jersey area.