Mammoth Holdings
Atlanta, Georgia
FUND
CCMP IV
ORIGINAL INVESTMENT
2022
STATUS
Current
Partnered with a strong, experienced management team to support continued rapid growth through opening new units in existing and new markets, accretive acquisitions, same-store sales growth initiatives, operational productivity improvements and enhanced digital marketing efforts.
Founded in 2002, Mammoth Holdings is one of the largest express car wash platforms in the United States with over 100 locations across the Southeast and Midwest
CEO Corner
Dave Hoffmann, Chairman & CEO
"We're focused on growth at Mammoth Holdings and this equity raise will ensure that we can accelerate new store openings, invest in cutting-edge technology, and remain the partner-of-choice for car wash operators seeking to sell their business. We're also excited to add another high-quality investor with extensive multi-unit company experience to our board of directors."
Opportunity and Why CCMP
- Leading platform in attractive geographic markets with best-in-class management team in a highly fragmented and consolidating industry
- Opportunity to capitalize business on a differentiated basis to support growth
- Attractive digital marketing opportunity to expand subscription revenues
- Direct fit for CCMP site-based consumer services thesis and experience: strong unit economics and ample whitespace
Value Creation
- Unit growth in existing & new markets
- Accretive acquisitions
- Same-store sales growth
- Operational excellence
These endorsements are provided by certain current and former executive officers of portfolio companies that are or were previously owned by certain investment vehicles advised by CCMP Growth and CCMP Capital. None of the executive officers were directly compensated for providing these endorsements. However, as a result of the ownership structure of these portfolio companies and the controlling interest held by the funds advised by CCMP Growth and CCMP Capital, a conflict of interest exists because the executive officers have an incentive to make positive statements about CCMP Growth and/or CCMP Capital and their experiences with CCMP Growth and/or CCMP Capital to maintain the goodwill with CCMP Growth. Please refer to Terms of Use and Disclaimers for important information about CCMP Capital Advisors, LP and CCMP Growth Advisors, LP.
For illustrative purposes only. There can be no assurance any such value creation plan will ultimately be achieved as described herein. Certain statements herein reflect the subjective views and opinions of CCMP Growth and its personnel. Such statements cannot be independently verified and are subject to change.
