Cleanzine: your weekly cleaning and hygiene industry newsletter 10th July 2025 Issue no. 1170
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Truelink buys cleaning solutions provider Zep
Zep, innovator and manufacturer of maintenance and cleaning solutions for food & beverage, industrial, institutional and retail customers, has been acquired by an affiliate of Truelink Capital Management - a Los Angeles-based middle market private equity firm focused on long-term value creation, from New Mountain Capital.
Since it was founded in 1937, Zep has been serving customers across industry with high-performance maintenance, cleaning and sanitation products. Zep will build upon the operational foundation and growth trajectory established under New Mountain's ownership to further strengthen and expand its solutions portfolio and market presence under Truelink's stewardship.
"This marks an exciting new chapter for Zep," says Amy Hahn, Zep CEO. "We are looking forward to working with the Truelink team to accelerate our strong momentum and deliver best-in-class products and services to our customers.
"During the past several years, we have successfully transformed our operations, expanded our product portfolio and invested in technology and sustainability offerings to provide superior, comprehensive solutions for our targeted customer sectors.
"We extend our sincere gratitude to the New Mountain Capital team for its invaluable partnership and support in expanding our platform; we see even greater runway for growth ahead."
Ed Lonergan, executive chairman of Zep and senior advisor at New Mountain Capital adds:
"Amy and her team have done an exceptional job focusing the business on its core 'right to win' and have delivered significant innovation that is differentiated within the industry and delivers strong value to our customers."
3rd July 2025