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Announced

Berkshire Partners to invest in National Carwash Solutions.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Friendly

Private Equity

car wash

Domestic

Single Bidder

Consumer Services: Other

Private

United States

Acquisition

Pending

Synopsis

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Berkshire Partners, a Boston-based investment firm, agreed to invest in National Carwash Solutions, a provider of car wash equipment, services and solutions to customers in North America. Financial terms were not disclosed. "We are thrilled to partner with Mike and his team. NCS has built a unique and compelling position in the industry, and we share the team’s vision of delivering superior value to car wash operators by providing an integrated, end-to-end suite of products and solutions," Larry Hamelsky, Berkshire Partners Managing Director.

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