Mammoth Holdings reaches 150-site milestone
Published on: Nov 14, 2024
The company’s latest opening in Iowa has boosted its network across the US by reaching its 34th Silverstar Car Wash location.
Mammoth Holdings announced the recent opening of its newest location, Silverstar Car Wash in Bettendorf, Iowa, making it the company's 150th site.
This is Mammoth's latest site opening that aligns with the company's dual growth strategy of developing greenfield operations while also acquiring existing brands.
"Mammoth is proud this is our 150th site as we continue to build momentum of reaching 500 sites across the country. We are thrilled to bring the best quality car wash to the customers of Bettendorf with state-of-the-art technology and top-notch customer service," said Dave Hoffmann, Chairman and CEO of Mammoth Holdings
The site will become a go-to destination for car owners, aiming to provide convenience and best in class service to customers. Today's opening marks the 34th Mammoth location under the Silverstar Car Wash brand.
Since October 2018, Mammoth Holdings partnered with Red Dog Equity, an Atlanta-based private equity firm, providing the equity for its corporate development initiatives. In December 2022, Mammoth sold a minority stake to CCMP Growth Advisors that provided additional capital to pursue developments and acquisitions.
