Zips Car Wash (www.zipscarwash.com) founder and chairman, Brett Overman, on August 31, 2016 announced that Zips has acquired Boomerang Car Wash in a transaction that will create North America’s third largest tunnel car wash company with 57 locations across the southeast and south central United States. The deal represents the largest single-company acquisition in the history of the car wash industry.
Zips contributes 23 and Boomerang 31 locations to the combined operation, with three more sites under construction. “With the other deals we have in our acquisition pipeline we fully expect to be the second largest car wash company in the United States by the end of 2016,” Overman said.
Overman launched his first car wash in Paragould, AR in 2004. Today, Zips Car Wash is headquartered in Jonesboro, AR, while Boomerang is based in Little Rock. Overman says Zips will maintain management offices in both Arkansas cities, with James Burks of Boomerang moving into the role of CEO of the new, combined company. The entire Boomerang management team is staying on board with Zips, according to Overman.