Mintz advised Point72 and Tsunami Express Car Wash, its portfolio company, in Tsunami’s acquisition of 53 car wash locations from Whistle Express Car Wash, which is owned by affiliates of Oaktree Capital Management.
This strategic acquisition supports Tsunami Express’ Midwest expansion strategy, growing its Midwest operations to 74 locations across Arkansas, Illinois, Indiana, Kansas, Ohio, Michigan, Minnesota, Missouri and Wisconsin.
The deal further positions Tsunami Express as one of the fastest-growing car wash operators in the Midwest and will allow it to build long-term relationships with more customers while remaining dedicated to delivering quality results.
The Mintz deal team was led by Member Alex S. Kaufman and Associate Matt Diaz.
More information about the deal is available here.