Zep Inc.

Zep Inc.

Zep is a leading manufacturer and marketer of a wide range of high-efficacy maintenance and cleaning solutions for commercial, industrial, institutional, and consumer end-markets under well-known and respected brand names. The breadth of the Zep product portfolio provides customized, superior cleaning and maintenance solutions to a broad customer base including manufacturers, food processors and preparers, restaurants, hospitals, schools, municipalities, government organizations, hotels and car washes.

New Mountain identified Zep as part of its ongoing “deep dive” into the specialty chemicals and materials sector. As a result of this work, the firm had an ongoing relationship with a strong management team that worked closely with the deal team to conduct detailed due diligence and was able to acquire Zep outside of an auction process.