GRIMES, Iowa — National Carwash Solutions (NCS), a provider of car wash systems and services, has completed its previously announced acquisition of Zep Vehicle Care (ZVC). The companies did not disclose the terms of the transaction. The new legal entity will be NCS Vehicle Care Inc.
ZVC’s commercial car wash chemical offerings, including Armor All Professional, Blue Coral and Rain-X, complement NCS’ existing products. These products are additive to NCS’ equipment and service offering, including MacNeil Wash Systems, Ryko Solutions, TSS products and services and Vacutech Vacuums. ZVC also brings its PurClean water management and reclamation equipment brand to the combined entity.
“Today represents a milestone moment for our company as we officially welcome the Zep Vehicle Care team to NCS,” said Michael Gillen, CEO of NC, Grimes, Iowa. “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.”
“The Zep Vehicle Care team is excited to join National Carwash Solutions,” said Greg Heyer, chief commercial officer of ZVC, Eagan, Minn. “Our organizations are natural complementary fits, and we’re looking forward to delivering the exceptional end-to-end solutions our customers have come to expect.”
Gillen will continue to serve as CEO of NCS, Heyer will lead the ZVC business and executives from both NCS and ZVC will assume leadership positions across the organization. Berkshire Partners, an existing investor in NCS, is the majority owner of the newly combined company.
Weil served as legal advisor to NCS. Baird served as financial advisor to Zep and Fried Frank served as legal advisor to Zep.
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