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Home Daily News Ammori Equity Partners in Birmingham Buys 19 Zax Auto Wash
Locations
 * Daily News


AMMORI EQUITY PARTNERS IN BIRMINGHAM BUYS 19 ZAX AUTO WASH LOCATIONS

Car Wash Advisory, a Florida investment banking firm exclusively focused on
advising privately owned car wash businesses, has sold 19 Zax Auto Wash
locations to Michigan Wash Co., which was formed by Ammori Equity Partners in
Birmingham. Terms of the transaction were not disclosed.
By
Tim Keenan
-
January 3, 2024
5
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Ammori Equity Partners in Birmingham has purchased 19 Zax Auto Wash locations in
Michigan. // Photo courtesy of Zax Auto Wash

Car Wash Advisory, a Florida investment banking firm exclusively focused on
advising privately owned car wash businesses, has sold 19 Zax Auto Wash
locations to Michigan Wash Co., which was formed by Ammori Equity Partners in
Birmingham. Terms of the transaction were not disclosed.

Zax Auto Wash is a metro Detroit car wash brand that is among the top 100 car
wash companies in the U.S.

AEP says it sees this acquisition as an opportunity to leverage its core
competencies that have led to more than 30 years of success in customer service
businesses.




“With the acquisition of Zax Auto Wash, we are embracing the future of the car
washing business while focusing on customer service and delivering quality
washes at affordable prices,” says Saber Ammori, founder and managing partner of
Ammori Equity Partners. “Our operational background and team focused culture
will propel us into a new era of innovation, growth, and opportunities to
develop a world class brand.”

Ammori adds that customers can expect an elevated level of service, offerings,
and a dynamic new customer experience at each location.

“The AEP acquisition is an exciting new chapter for Zax,” says Brian Blaskay,
founder and CEO of Zax. “I believe that this strategic move will allow the local
brand to benefit from a new perspective and larger corporate operating
structure, something that we believe will allow each location to continue to
thrive in the ever-changing car wash landscape for years to come.”





--------------------------------------------------------------------------------




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Previous articleMount Clemens-based Miljoco Corp. Acquired by DwyerOmega

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Editor: R.J. King
Associate Editor: Tim Keenan



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