Berkshire Partners Recapitalizes National Carwash Solutions
January 5, 2021
National Carwash Solutions (NCS), a Grimes, Iowa-based provider of car wash equipment, cleaning fluids, parts and field services, has completed a recapitalization with Berkshire Partners. Berkshire Partners acquired its position from AEA Investors' Small Business Fund (AEA SBF); terms were not disclosed and the transaction is intended to support NCS's next phase of growth.
- Buyers
- Berkshire Partners
- Targets
- National Carwash Solutions
- Sellers
- AEA Investors' Small Business Fund (AEA SBF), AEA Investors
- Industry
- Industrial Services
- Location
- Iowa, United States
- Transaction Type
- Recapitalization
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