Case Study
National Carwash Solutions
Industries:
Business & Professional Services
Description:
National Carwash Solutions is a leading provider of car wash equipment, services and solutions to customers in North America. NCS offers its customers a fully integrated suite of offerings to meet all their operational needs, including car wash systems, aftermarket parts, cleaning fluids, and vacuums – all supported through its industry-leading distribution and services footprint. The company goes to market with an integrated portfolio of reputable brands, including MacNeil Wash Systems, Ryko Solutions, CleanTouch Cleaning Solutions, Cleaning Systems Inc., TSS Car Wash Services and Vacutech Vacuums. By providing a comprehensive range of offerings, NCS serves a critical role in enabling the success of a diverse set of customers, including convenience store and retail car wash operators.
Transaction Type:
Sellside Advisory
Situation
BlackArch was retained by AEA and management to serve as the Company’s exclusive financial advisor. Through an aggressive growth strategy executed during AEA’s ownership, NCS meaningfully expanded its product and service offerings, customer base, and North American footprint – becoming the first and only platform to offer a vertically-integrated, comprehensive end-to-end suite of products and solutions for the vehicle-care market.
BlackArch's Customized Solution
The transaction continues BlackArch’s industry-leading presence in the car wash, vehicle care and field services sectors and is representative of the firm’s focus on providing unique M&A advisory services to market-leading businesses.
Outcome
Berkshire has acquired NCS with the expectation of furthering management’s vision for long-term growth.
