Madison Capital Group’s Acquisition of Woodie’s Wash Shack Creates One of Region’s Largest and Fastest-Growing Express Car Wash Operators

Madison Capital Group's Acquisition of Woodie's Wash Shack Creates One of Region's Largest and Fastest-Growing Express Car Wash Operators

Tampa, Fla. (July 23, 2026) - Madison Capital Group, through its affiliate Links Car Wash, has acquired the Woodie's Wash Shack brand, a fast-growing express car wash operator and affiliate of WWS Enterprises. This transaction combines the award-winning Woodie's Wash Shack brand with the Links Car Wash platform to create one of the Southeast's premier express car wash platforms.

The combined enterprise will operate 50 express car wash locations across North Carolina, South Carolina, Florida and Texas, creating one of the region's largest and fastest-growing express car wash operators. The combined company will operate under the Woodie's Wash Shack brand, bringing together two complementary organizations with a shared commitment to customer experience, operational excellence, and disciplined growth.

As part of the transaction, Ryan Hanks, Founder of Madison Capital Group and Links Car Wash, will continue to lead the combined operating company. Donald E. Phillips, founder and majority owner of WWS Enterprises, will remain in a strategic role through a newly formed brand management company that will retain ownership and stewardship of the Woodie's Wash Shack brand, trademarks, trade dress and creative identity.

The acquisition advances Madison Capital Group's strategy of building a scaled, multi-market car wash platform through a combination of strategic acquisitions, development and disciplined operations. The investment in the Woodie's Wash Shack brand positions the combined organization to leverage the platforms' resources, expertise and development capabilities while supporting plans for continued expansion throughout the Tampa Bay area and adjacent markets.

"We are thrilled to welcome the Woodie's Wash Shack team to Links Car Wash and Madison Capital Group," said Hanks. "Woodie's has built an exceptional reputation through their outstanding operating platform, loyal customer base and one of the strongest consumer brands in the industry. Bringing together the talented teams behind both Links and Woodie's creates a platform with tremendous scale, exceptional talent and significant opportunities for future growth. We are excited to build upon our combined success and continue investing in our team members, our communities and the customer experience."

"This transaction represents the next chapter in the evolution of Woodie's," said Phillips. "When we opened our first location, our vision was never simply to build car washes; it was to build a brand that customers genuinely loved. We've created something special by focusing relentlessly on the customer experience, our people, and our culture. Ryan and his team share those same values, making this combination a natural fit. Together, we have the opportunity to build one of the premier regional car wash companies in America while preserving everything that makes the Woodie's brand unique."

Following the close of the transaction, the newly formed organization will work together to ensure a seamless transition and position the platform for long-term growth. The combined team will remain focused on operational excellence, technology investments, and continued innovation in the customer experience while preserving Woodie's distinctive culture and commitment to the communities it serves. By building on the strengths of both organizations, the company is creating a strong foundation for continued expansion and future success.

The transaction is subject to customary closing conditions and is expected to close in the coming months.

About Madison Capital Group Holdings
Headquartered in Charlotte, N.C., Madison Capital Group Holdings is a privately held real estate investment and development firm focused on the self-storage, multifamily, and alternative storage sectors. The company is the parent of Go Store It Self-Storage, one of the fastest-growing privately operated storage platforms in the U.S., and Madison Communities, a vertically integrated firm specializing in the development of high-quality, suburban garden-style apartment communities across the Southeast. Additional affiliates include Madison Commercial, which focuses on select retail and commercial real estate opportunities; BenCo Construction, the in-house general contracting firm supporting vertical development; and Madison Capital Markets, the investment management division offering direct real estate investments and tax-advantaged solutions. For more information, visit www.madisoncapgroup.com

About WWS Enterprises
WWS Enterprises is the founder-owned company behind Woodie's Wash Shack, one of Florida's most recognized express car wash brands. Known for its distinctive surf-inspired identity, award-winning customer experience, and commitment to community engagement, Woodie's has grown into the leading express car wash operator in the Tampa Bay market and continues to set the standard for customer satisfaction and operational excellence.