Caliber buys Q
Caliber Car Wash has just acquired Q Car Wash, which is one of the largest express car wash businesses around Dallas.
The combined company will offer express car wash services in the Southern U.S. Financial support came from Percheron Capital, a private equity firm focused on partnering with high-quality and essential services businesses.
The expanded company expects continued growth over the coming years. Demand for express car wash services is on the rise, as are subscription washing programs.
Danny York, CEO of Caliber, stated: “I am extremely proud of our exceptional team, which is dedicated to providing the highest-caliber car wash services with a customer-first approach and an industry-leading value proposition. We have long admired Q Wash’s culture of operational excellence, outstanding team members and strong market position in the attractive Dallas-Fort Worth area. This transaction creates new and exciting opportunities for our team members as we continue to rapidly grow the company through organic growth, greenfield developments and acquisitions of other high-quality operators.”