Amplify Capital Group Advises Glide Xpress on Sale of 13 Car Wash Locations

Amplify Capital Group announced on [date] that it advised Glide Xpress on the sale of 13 car wash locations situated in Memphis, Tennessee; Little Rock, Arkansas; and Northwest Arkansas. The transaction, the financial terms of which were not disclosed, marks a notable exit for Glide Xpress from these markets.

The sale reflects the ongoing consolidation trend in the car wash industry, where private equity firms and regional operators have been actively acquiring sites to achieve scale. Amplify Capital Group, a financial advisory firm, facilitated the deal, though neither the buyer nor the exact sale price was immediately available. The 13 locations span three distinct metropolitan areas, suggesting a strategic divestiture by Glide Xpress to focus on other regions or business lines.

Industry analysts note that car wash valuations have remained robust despite broader economic uncertainties, driven by recurring revenue models and subscription offerings. The sale could signal further M&A activity in the Mid-South region as operators seek to expand their footprints. Next steps include regulatory approvals, if required, and the transition of operations to the new owner. Neither Glide Xpress nor Amplify Capital Group issued additional comments beyond the initial announcement.