Market Focus: Investor group forms express carwash acquisition platform - Professional Carwashing & Detailing

Market Focus: Investor group forms express carwash acquisition platform

This week, we cover an acquisition and a new book release.

This week, we cover an acquisition and a new book release.

National Express Wash completes acquisition of El Car Wash

MIAMI, Fla. — Wafra Inc. (“Wafra”), Audrose Partners and Fireside Investments has announced the formation of National Express Wash, LLC, an express carwash investment platform, according to a press release.

National Express Wash will use an acquisition and development model to build a dynamic portfolio of express carwashes with attractive underlying real estate in strategic geographies throughout North America, the release continued.

In conjunction with the formation of this platform, National Express Wash announced its first acquisition with the purchase of El Car Wash, the leading owner and developer of express carwash locations in Miami and the broader South Florida market, the release stated.

“This acquisition represents an exciting stepping stone for National Express Wash,” said Justin Landau and Geoffrey Karas, who respectively serve as the CEO and president of the company. “We look forward to working in partnership with Wafra and Fireside to accelerate store growth in Miami and to expand the National Express Wash portfolio into new markets.”

“We are thrilled to launch the National Express Wash platform,” said Russell Valdez, chief investment officer of Wafra. “We believe the express carwash market is an attractive sector with strong alternative real estate characteristics, and we look forward to working with this talented team to assemble a robust portfolio throughout North America.”

Jonathan Langer, founder and managing member of Fireside Investments, added, “We are pleased to partner with Wafra and Audrose in this exciting launch and first acquisition. The El Car Wash acquisition lays a strong foundation to add to the platform in South Florida as well as in markets with similar characteristics.”

For more information, please contact [email protected].

Christopher Evans publishes comprehensive ‘Detailers Dictionary’

SANTA ANA, Calif. — Certified and skills validated detailer, Christopher Evans, has released the “Detailers Little Black Book – Detailers Dictionary,” according to a press release.

With over three decades of experience in the detailing industry, Evans is looking to share his wealth of knowledge and expertise with the world in this book that offers a comprehensive insight and overview into the detailing industry, the release continued.

The detailing industry has witnessed tremendous growth in recent times, the release added, but the somewhat complex terms used by detailers and other such stakeholders in the industry has made it difficult for more people to enter the industry, the release stated.

Due to the lack of detailing guides on the market, Evans is looking to make a huge difference with the publication of his book, the release noted.

“Detailers Dictionary” contains easy-to-understand definitions and terminology used in the detailing industry, consequently making it easy for beginners and professionals in the industry to have a good understanding of detailing, the release noted.

The book also contains facts and tips that will help readers to become more efficient as well as a series of quizzes to test the detailing knowledge of the readers.

Containing 104 pages of quality information about the detailing industry, the book is written for enthusiasts who are into part-time detailing and for professionals looking to take their detailing to the next level, as it can also serve as an ideal detailing reference, the release continued.

“Detailers Dictionary – Detailers Little Black Book” is currently available on Amazon, and the paperback will be on the platform starting March 27, 2019, the release added.

More information about “Detailers Dictionary – Detailers Little Black Book” and other detailing publications from Evans can be found on the website, www.detailerdictionary.com.

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