“After I sold Mechigian Auto Washes with Garrett, I was nothing short of pleased with the result. I knew that when it was time to exit Hartland Auto Wash, that Calder Capital would get another call from me. With this sale, Jakob Simonds exhibited expertise and great integrity. Garrett and Jakob have been fantastic to work with.”
– Allyson Mechigan, Owner, Hartland Auto Wash, Hartland, MI (Seller)
“Working with Jakob and the Calder team was a great experience. They were thorough, responsive, and kept the process moving at a pace we were all comfortable with. Jakob was particularly helpful, answering my questions every step of the way.”
– Hassan Machlab, Owner, Hartland Oil Change, Hartland, MI (Buyer)
Calder Capital is pleased to announce the successful sale of Hartland Auto Wash, located in Hartland, MI, to Hartland Oil Change, also based in Hartland, MI.
Hartland Auto Wash has been a trusted provider of high-quality car washing services for the Hartland community for nearly 20 years. The facility boasts two touchless wash bays, four self-service bays, and a vending machine stocked with car cleaning products. Looking to step back and shift her focus toward time with family, owner Allyson Mechigian re-engaged Calder Capital’s Sell-Side team. Previously, Mechigian sold her three Mechigian Auto Wash businesses with Calder Capital’s M&A Advisor Garrett Monroe, who served as her Exclusive Sell-Side M&A Advisor.
Hartland Oil Change, owned and operated by Hassan Machlab, provides oil changes and various automotive service offerings. The acquisition allows Hartland Oil Change to take ownership of the facility where it has leased space in, while opening the door for Machlab’s Hartland Oil Change to pursue cross-selling opportunities. With an established presence on the property, Hartland Oil Change is well-positioned to maximize the synergies between the oil change and car wash services.
“I’m confident that Hartland Oil Change will take Hartland Auto Wash to the next level,” noted Mechigian. “Knowing Hassan, he has a great attention to detail and work ethic. I believe he is the best person to lead Hartland Auto Wash forward.”
“I’ve known this property and business for some time,” stated Machlab. “Allyson built a strong foundation here, and I’m excited to build on that.”
Jakob Simonds of Calder Capital served as the Lead Mergers & Acquisitions Advisor to Hartland Auto Wash. Supporting the deal was Sell-Side Analyst Nick Browning from Calder Capital.
“After I sold Mechigian Auto Washes with Garrett, I was nothing short of pleased with the result,” stated Mechigian. “I knew that when it was time to exit Hartland Auto Wash, that Calder Capital would get another call from me. With this sale, Jakob Simonds exhibited expertise and great integrity. Garrett and Jakob have been fantastic to work with.”
Machlab complimented Calder Capital, saying “working with Jakob and the Calder team was a great experience. They were thorough, responsive, and kept the process moving at a pace we were all comfortable with. Jakob was particularly helpful, answering my questions every step of the way.”
“I’m thrilled we were able to facilitate this sale for Allyson and Hassan,” commented Jakob Simonds. “Given Allyson’s existing connection with Hassan and his familiarity with the property, it was clear from early on that this was the best outcome possible. His offer rose above the rest in terms of fit, on many levels. He is committed to serving Hartland, is as local as you can get, and is passionate about taking things to the next level.”
“There is no greater compliment than a repeat client, and we are honored by Allyson’s continued trust and partnership” added Max Friar, Founder and Managing Partner of Calder Capital. “Due to Jakob’s efforts, we were able to close this transaction in eight months from our initial engagement. This speaks to the focus of our team, the attractiveness of this business, and the caliber of Jakob’s leadership and dedication.”
Calder Capital served as the exclusive Sell-Side Mergers and Acquisitions Advisor to Hartland Auto Wash. Legal Advisory for Mechigian was provided by Andrew J. Goldberg of the Law Office of Andrew J. Goldberg. The buyer, Hartland Oil Change, was represented by attorney Chadi Habib of H.J.H. Law Offices and partnered with Ray Diab of Banc Alliance Capital for financing.
About Hartland Auto Wash:
Founded in 2005, Hartland Auto Wash is a self-serve and touchless car wash facility located in Hartland, Michigan.
About Hartland Oil Change:
Hartland Oil Change is a quick lube and oil change service provider conveniently located in Hartland, MI. Known for its fast, friendly service, Hartland Oil Change also offers customers routine maintenance solutions and auto care essentials. To learn more, please visit https://hartlandoilchange.com.
About Calder Capital:
Founded in 2013, Calder Capital is a lower middle market investment bank providing mergers and acquisitions advisory services to business owners, entrepreneurs, family offices, and investors across the United States. Our dedicated team of professionals combines extensive industry experience, technological innovation, negotiation savvy, and key relationships to exhibit exceptional execution. Calder’s services include mergers and acquisitions advisory, private funds and capital markets advisory, and business valuations. To learn more, please visit http://www.caldergr.com.
