Mammoth Holdings opens Silverstar car wash in Greater Des Moines, IA

DALLAS, July 22, 2024 /PRNewswire/ — Mammoth Holdings LLC, America’s leading express car wash platform, announced the recent opening of its newest location, Silverstar Car Wash in Clive, IAThis is Mammoth’s latest site opening, adding to its momentum toward reaching 500 sites nationwide.

“Today’s opening of Silverstar marks the beginning of Mammoth’s service to the Greater Des Moines area with more planned locations,” he said Dave HoffmannChairman and CEO of Mammoth Holdings. “We are excited to provide Clive with a state-of-the-art experience and look forward to serving the area for years to come.”

The site will become a popular destination for car owners in stickand offers convenience and the best service to customers. Today’s opening marks the 30th Mammoth location under the Silverstar Car Wash brand.

Mammoth Holdings is the first car wash platform founded by industry insiders and has 144 operating locations. The company pursues a dual growth strategy of developing greenfield operations and acquiring existing brands. Mammoth is operationally customer-focused; operator-centric in its approach to acquisitions; and strives to be the partner of choice for car wash operators seeking liquidity, growth capital and a tax-free equity investment opportunity.

Mammoth Holdings’ multi-brand portfolio includes Busy Bee Car Wash, Coastal Car Wash, Finish Line Car Wash, Galaxies Express Car Wash, In & Out Express Car Wash, Jax Cart WashLulu’s Express Car Wash, Marc-1 Car Wash, Mr. Squeaky Car Wash, Pals Car Wash, Pitstop Car Wash, PureMagic Car Wash, Silverstar Car Wash, Speedy Clean Car Wash, Suds Car Wash, Fast car washToday’s Car Wash, Ultra Car Wash, Wash Me Fast, Wash-N-Go Express Car Wash and Wiggy Wash.

Mammoth has significant growth capital and is actively pursuing acquisitions and development opportunities.

In October 2018Mammoth has entered into a partnership with Red Dog Equity LLC, a Atlanta-based private equity firm, which through its partnership with Tom Pritzker’s family business interests (advised by The Pritzker Organization), provided the equity for Mammoth Holdings’ business development initiatives. In December 2022Mammoth sold a minority stake to CCMP Growth Advisors, providing Mammoth with additional capital to build new facilities and make acquisitions.

Oak Hill Advisors is providing debt financing to Mammoth Holdings through its direct lending partnership with BMO Capital Markets.

About Mammoth Holdings

Head office in Dallas, TexasMammoth Holdings, LLC operates 144 conveyor belt car washes under the Busy Bee Car Wash, Coastal Car Wash, Finish Line Car Wash, Galaxies Express Car Wash, In & Out Express Car Wash, Jax Cart WashLulu’s Express Car Wash, Marc-1 Car Wash, Mr. Squeaky Car Wash, Pals Car Wash, Pitstop Car Wash, PureMagic Car Wash, Silverstar Car Wash, Speedy Clean Car Wash, Suds Car Wash, Fast car washThe brands of Today’s Car Wash, Ultra Car Wash, Wash Me Fast, Wash-N-Go Express Car Wash and Wiggy Wash in Alabama, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Louisiana, Minnesota, Mississippi, Missouri, Nebraska, North Dakota, south carolina, south dakota, Tennessee, Texas, Utah.

Mammoth Holdings was founded by Gary Dennis And Chip Hackett in 2002. For more information, visit mammothholdings.com.

About Red Dog Equity
Red Dog Equity LLC is a private equity firm that invests in lower middle market companies poised for significant growth in partnership with passionate, entrepreneurial business leaders (“Red Dogs”). For more information, visit reddogequity.com.

About the Pritzker Organization
The Pritzker Organization is the investment bank for the business interests of the Tom Pritzker family. More information can be found at pritzkerorg.com.

About CCMP Growth Advisors
CCMP Growth Advisors, LP (“CCMP Growth”) is a New York-based growth-oriented private equity firm focused on making lead buyout and growth capital investments in middle market companies in the consumer and industrial sectors, primarily in North America. CCMP Growth leverages its team’s deep investment experience to identify high-growth companies in transition and partners with management to help each platform scale through strategic and operational support.

SOURCE Mammoth Holdings