5/9/2023 - 9:30 - 10:30 AM
This session will address the state of the car wash mergers and acquisitions market and how economic pressures like rising interest rates and inflation can affect the industry. We'll dive into considerations for private equity-backed platforms, trends in scaling including the buy versus build debate, where current multiples are and what factors influence valuations, and future predictions for the car wash mergers and acquisitions market.
A lifelong entrepreneur, Jeff Pavone is the owner of Commercial Plus Group and a founding partner of Amplify Car Wash Advisors. Under Jeff's leadership, Commercial Plus quickly scaled to a market leader at the forefront of M&A advisory, real estate brokerage, and financing for the car wash industry, completing complex transactions for some of the most well-known and widely respected car wash chains in the country. Leveraging his longstanding relationships with owners and operators, Jeff partnered with car wash veteran Bill Martin in early 2020 to launch Amplify Car Wash Advisors, which builds off the Commercial Plus foundation to address the evolving needs of car wash owners and operators. Outside of providing advisory services on a nationwide scale, Jeff is also a real estate investor. Prior to Commercial Plus, he was the Co-Founder of Law.com and Founder of Medical.com and National Law Resource.
