Investing.com -- Amplify Capital advised on approximately $450 million of car wash transactions in the second quarter of 2026, covering around 400 locations, according to a BTIG report released Monday.

The advisory firm noted the environment has improved as market participants gained clarity around interest rates and capital markets. Amplify is currently advising multiple chains representing over $500 million in value.

The disclosed transactions work out to just over $1.1 million per location. Asking prices have declined since the car wash merger and acquisition activity of the late 2010s and early 2020s, when per-store transaction prices often exceeded $5 million.

The increase in transaction volume is notable when compared to 2025, when Car Wash Advisory reported that approximately 660 car wash locations changed hands during the entire year.

Whitewater Express acquired Sparkle Express' eight locations across Georgia and South Carolina, bringing Whitewater's total to 154 car washes across eight states.

In the auto glass sector, PGW Auto Glass acquired Windshield Surgeons, a Canadian windshield repair and replacement operator. Private equity-owned PGW is based in Pennsylvania with more than 160 branches across the United States and Canada. PGW previously acquired Canadian distributor PH Vitres d'Autos from Driven Brands (NASDAQ: DRVN) in 2024.

PitCrew is bringing artificial intelligence to quick lube operations. The company's solution connects to camera systems and monitors activities including service start times, job duration, queue length, and customer departures without service. Most customers report a minimum 10 percent improvement in speed and overall efficiency. A 66-store Jiffy Lube franchisee decided to deploy PitCrew across its stores after a successful pilot.

Rhode Island is poised to raise the total loss threshold for insurers to 85 percent from 80 percent. The change would require more vehicles to be repaired instead of being declared a total loss, potentially adding approximately $1 million to what insurers will pay in the state.