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Effective URL: https://www.dbusiness.com/daily-news/ammori-equity-partners-in-birmingham-buys-19-zax-auto-wash-locations/
Submission: On January 04 via manual from IN — Scanned from DE
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DBusiness Magazine * Daily News * Features * Events * DBusiness Events * D500 Soirée * Party Pictures * Partner Events * Photography Request Form * Resources * Detroit 500 * Faces of DBusiness Law * Faces of Detroit * From The Top Lists * Michigan Makers * Financial Professionals * Business Professionals * Lawyers * Other Professionals * Restaurants * Shopping * Videos * Magazine * Archive * Careers * Digital Edition * Subscribe * Editorial Calendar * Newsletters * Where to Find * Contact * Advertise * Digital Studio * Hustle and Muscle * Hustle and Muscle Features * Startup Submissions * The Hustle * The Muscle 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 Facebook Twitter Pinterest WhatsApp 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.” -------------------------------------------------------------------------------- * TAGS * Daily News Facebook Twitter Pinterest WhatsApp Previous articleMount Clemens-based Miljoco Corp. Acquired by DwyerOmega Next articleEW Grobbel in Detroit’s Eastern Market Adds Manufacturing Space in St. Clair Shores Tim Keenan RELATED ARTICLESMORE FROM AUTHOR EW GROBBEL IN DETROIT’S EASTERN MARKET ADDS MANUFACTURING SPACE IN ST. CLAIR SHORES MOUNT CLEMENS-BASED MILJOCO CORP. ACQUIRED BY DWYEROMEGA MATT CULLEN PURCHASES $4.6M GROSSE POINTE SHORES ESTATE OF RALPH C. WILSON TRENDING NOW LISA JANNESS TO LEAD DETROIT OFFICE OF BURNS & MCDONNELL Jim Stickford - January 3, 2024 PHIL GILCHRIST NEW EXECUTIVE DIRECTOR OF ADVANCING MACOMB Jim Stickford - January 3, 2024 SHELLEY SELIM TO LEAD DIA EXPANSION EFFORTS Jim Stickford - January 3, 2024 EW GROBBEL IN DETROIT’S EASTERN MARKET ADDS MANUFACTURING SPACE IN ST. CLAIR SHORES R.J. King - January 3, 2024 AMMORI EQUITY PARTNERS IN BIRMINGHAM BUYS 19 ZAX AUTO WASH LOCATIONS Tim Keenan - January 3, 2024 MOUNT CLEMENS-BASED MILJOCO CORP. ACQUIRED BY DWYEROMEGA Jim Stickford - January 3, 2024 DBUSINESS CONTACTS Editor: R.J. 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