MAMMOTH HOLDINGS OPENS MILESTONE 100TH CAR WASH LOCATION

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“Finish line at Cape Girardeau is a significant step forward in our vision to open 500 locations by 2025,” said David Hoffman, CEO of Mammoth Holdings. “The construction of a new site is a key element of our growth strategy, and the completion of the Cape Girardeau the location advances our expansion plans of new site development alongside ongoing mergers and acquisitions activity. »

The Cape Girardeau The site is one of dozens of new sites under development that Mammoth plans to complete over the next twelve months, expanding its global footprint across United States. Developed with guidance from Mammoth’s Business Advisory Council (BAC) – a group of leading owner-operators who advise the company on business development and execution – the site represents the refinement of operating best practices by leading contractors in the industry and is scalable for future growth.

As owner-operators of the Finish Line Car Wash brand, Nancy Bergfield and Chris Presswood were one of the first acquisitions by Mammoth Holdings that grew the organization from 22 to 30 locations. Bergfield now sits on the Business Advisory Council and played a key role in the development of the “Mammoth Model” for new site selection, plant and equipment design.

“It’s an exciting time to be part of the Mammoth team,” said Bergfield. “We are incredibly proud to expand the Finish Line Car Wash brand and bring this 100e location to life to showcase the best of Mammoth team thinking.”

Mammoth Holdings is the premier car wash platform formed by industry insiders and has 100 operating locations. Mammoth is operationally customer-focused; operator-oriented in its approach to acquisitions; and seeks to be the partner of choice for car wash operators who want cash, growth capital and a tax-deferred equity investment opportunity. Mammoth Holdings’ multi-brand portfolio includes Coastal, Shine-N-Go, SUDS, Silverstar, Busy Bee, PureMagic, Marc-1, Ultra, Wash Me Fast, Wavy washPals, Finish Line, LuLu’s, Ollie’s, PitStop, and Swifty, among others.

Mammoth has significant growth capital and actively seeks acquisitions and development opportunities.

In October 2018Mammoth has partnered with Red Dog Equity LLC, a Atlantaprivate equity firm which, through its partnership with by Tom Pritzker family business interests (advised by The Pritzker Organization), provides equity funding for Mammoth Holdings’ corporate development initiatives. Monroe Capital and Morgan Stanley provide debt financing for Mammoth Holdings.

About Mammoth Holdings
Based at AtlantaMammoth Holdings operates 100 conveyor car washes under Coastal, Shine-N-Go, SUDS, Silverstar, Busy Bee, PureMagic, Marc-1, Ultra, Wash Me Fast, Wavy washPals, Finish Line, LuLu’s, Ollie’s, PitStop and Swifty in Georgia, Alabama, Kentucky, Illinois, Utah, Caroline from the south, Mississippi, Louisiana, Indiana, Tennessee, North Dakota, South Dakota, Iowa, Nebraskaand Florida.
Mammoth Holdings was founded by Gary Dennis and Chip Hacket in 2002. To learn more, visit us online at mammothholdings.com.

About Red Dog Equity LLC
Red Dog Equity LLC is a private equity firm that invests in lower-mid-sized companies poised for high growth in partnership with motivated and enterprising business leaders (“Red Dogs”). To learn more, please visit reddogequity.com.

About the Pritzker Organization
The Pritzker Organization is the merchant bank for the commercial interests of the Tom Pritzker family. Additional information can be found at www.pritzkerorg.com.

SOURCE Mammoth Holdings

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