M&A Deal Summary

NCS Acquires Mondo

On December 3, 2021, NCS acquired consumer services company Mondo

Acquisition Highlights
  • This is NCS’s 1st transaction in the Consumer Services sector.
  • This is NCS’s 1st transaction in Canada.
  • This is NCS’s 1st transaction in Ontario.

M&A Deal Summary
Date 2021-12-03
Target Mondo
Sector Consumer Services
Buyer(s) NCS
Deal Type Add-on Acquisition

Target

Mondo

Ajax, Ontario, Canada
Mondo manufactures and distributes a complete line of concentrated cleaning fluids for the car wash industry and is the largest car wash cleaning fluids, service, and equipment supplier in Canada. The company has built its reputation on supplying superior products coupled with unmatched customer service. Mondo’s unique packaging and method of connecting containers together allow for easy distribution, handling, and storage, providing a streamlined and high-quality solution for customers. Itas also developed a cloud-based chemical management system that allows customers to manage their chemical use for their car wash network directly from a desktop or mobile device. Mondo was formed in 1970 and is based in Ajax, Ontario.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

NCS

Grimes, Iowa, United States
Category Company
Founded 1973
Sector Consumer Services
DESCRIPTION

NCS is a full-service fluids and systems provider to the vehicle care industry, including car wash systems, aftermarket parts, cleaning fluids, and vacuums all supported through its industry-leading distribution and services footprint. NCS was founded in 1973 and is based in Grimes, Iowa.

DEAL STATS #
Overall 2 of 3
Sector (Consumer Services) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-27 Zep Vehicle Care

Eagan, Minnesota, United States

Zep Vehicle Care is a provider of commercial car wash chemical and water reclamation solutions. The company’s well-recognized and established commercial car wash solution brands include Blue Coral, Black Magic, Rain-X, and Armor All Professional. Zep Vehicle Care is headquartered in Eagan, Minnesota.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-11 USAtowl

Belleville, New Jersey, United States

USAtowl manufactures and markets an entire range of towels and sheets for both domestic and global sales. Presently servicing resorts, hotels, clubs, hospitals, and schools with all sizes and compositions from basic to the highest luxury categories and styles. USAtowl is based in Belleville, New Jersey.

Buy -
Mergr

Product

Company

Legal