Transactions

Case Study

National Carwash Solutions
Industries:
Business & Professional Services; Automotive Aftermarket; Diversified Industrials
Description:
Leading service and systems provider to the North American car wash industry, with the largest direct, end-to-end customer service and support network and widest selection of car wash systems, accessories and parts under the Ryko and MacNeil brands, as well as a complete line of cleaning fluid solutions.
Location:
Grimes, IA
Ownership:
Trivest Partners
Transaction Type:
Sellside

Situation

BlackArch was retained by NCS’s management team and financial sponsor, Trivest, to serve as exclusive financial advisor on the transaction.

BlackArch's Customized Solution

BlackArch ran a highly competitive process, which included both financial sponsors and strategic acquirors. Taking a high-touch approach, BlackArch tailored its marketing and diligence efforts around NCS’ market-leading, complete solution offering and the multitude of growth opportunities and initiatives the Company was well suited to execute on successfully. BlackArch was able to generate substantial interest in NCS, ensure a premium outcome for NCS’ shareholders and find a valued-added partner capable of assisting the business during its next phase of growth.

Outcome

NCS received significant interest from financial sponsors and strategic acquirors. NCS was recapitalized by AEA Investors, a leading middle-market private equity firm.