Truelink Capital has agreed to acquire Zep, a provider of maintenance, cleaning, and sanitation products, from New Mountain Capital.
Zep offers disinfectants, degreasers, sanitizers, and odor control products under brands like Zep, Zep Professional, Enforcer, and TimeMist, catering to various sectors in North America and Europe.
Truelink plans to invest in Zep to support its strategic vision, focusing on operational excellence, product innovation, and digital processes.
Truelink Capital invests in tech-enabled services and industrial companies, with the Zep acquisition being its ninth platform investment, while New Mountain Capital first invested in Zep in 2015.