National Carwash Solutions (NCS) has announced that it has signed a definitive agreement to acquire Zep Vehicle Care (ZVC) from Zep, Inc.
ZVC’s commercial car wash chemical offerings, marketed under well-known brands, including Armor All Professional, Blue Coral, and Rain-X, will complement NCS’ existing products to provide customers with a broad selection of car wash chemicals.
These products will add to the company's comprehensive 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.
Mike Gillen will continue to serve as CEO of NCS. ZEV's chief commercial officer, Greg Heyer, will lead the ZVC business, and executives from both NCS and ZVC will take on leadership positions.
Berkshire Partners, an existing investor in NCS, will be the majority owner of the newly combined organization. Zep, Inc., a leading innovator and manufacturer of maintenance, cleaning, and sanitation solutions, is majority-owned by New Mountain Capital.