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New Deal


Announced

Completed

Berkshire Partners-backed NCS completed the acquisition of Zep Vehicle Care.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Acquisition

Specialty Chemicals

chemicals

Majority

Single Bidder

Friendly

Domestic

Private

car wash

United States

Completed

Synopsis

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Berkshire Partners-backed National Carwash Solutions, a provider of end-to-end car wash systems, services, and solutions, completed the acquisition of Zep Vehicle Care, a provider of commercial car wash chemical and water reclamation solutions. Financial terms were not disclosed. “Today represents a milestone moment for our company as we officially welcome the Zep Vehicle Care team to NCS. Our combined companies and teams allow us to provide car wash operators with a superior selection of chemicals, equipment, and solutions to meet their consumers’ needs. Joining forces will further enable us to provide car wash operators with an efficient and integrated sales and service experience to help them drive profitable growth," Michael Gillen, NCS CEO.

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