CAR WASH News

Mammoth Holdings’ conveyor car wash platform expands Atlanta presence

Written by Admin | Jun 5, 2019 5:00:00 AM

Mammoth Holdings, LLC (“Mammoth”), an Atlanta-based express conveyor car wash operator, has added a fifth location under its Swifty brand on Moreland Avenue in Atlanta, bringing its total Atlanta locations to 13.

Gary Dennis, Mammoth’s co-founder and CEO explained, “We want to give our customers more choices and added convenience and building out our markets is the best way to do that.”

Mammoth is the first car wash consolidation platform formed by industry-insiders and is now the ninth largest conveyor car wash operator in the United States according to Commercial Plus’s Top 100 list. Mammoth seeks to be the partner-of-choice for car wash operators who desire liquidity, growth capital, and a tax-deferred equity investment opportunity. Mammoth’s multi-brand portfolio includes Finish Line, Marc-1, Wash Me Fast, Swifty, and Ultra, among others.

In October 2018, Mammoth partnered with Red Dog Equity LLC, an Atlanta-based private equity firm, which, through its partnership with Tom Pritzker’s family business interests (advised by The Pritzker Organization), provides the equity for Mammoth’s corporate development initiatives. Monroe Capital provides Mammoth’s debt financing.