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On February 8, 2023, Alimentation Couche-Tard Inc. completed the previously announced acquisition of True Blue Car Wash, LLC in a deal valued at $395.9 million, including debt repayment.
True Blue operates express tunnel car wash sites under the Clean Freak brand in the American Southwest and the Rainstorm brand in the American Midwest.
Parties
Company
True Blue Car Wash LLC
Company
Goldman Sachs
Deal Type
Merger & AcquisitionIndustry
OtherTransaction
$ 395,900,000Deal Status
ClosedClosing Date
08 February 2023