Deal Details

Hydra-Flex Is Acquired By Sonny's

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Summary

About

Hydra-Flex is a privately held manufacturer of innovative and reliable fluid handling products for the vehicle wash industry, including chemical dispensing systems and high-pressure nozzles. Hydra-Flex also serves the hydro-excavation, industrial cleaning and sewer jetting industries. Through partnerships across the vehicle wash industry, Hydra-Flex built the leading position in fluid handling and dispensing solutions. Hydra-Flex is headquartered in Savage, Minnesota.

Sonny’s is the largest global manufacturer of conveyorized car wash systems and provides a complete, integrated suite of products and services, including conveyorized car wash equipment, chemicals, parts and service. Starting from site planning and construction, Sonny’s provides end-to-end support to thousands of customers, ranging from individual car wash owner-operators to large multi-unit consolidators. Sonny’s has a large and growing installed base of car wash tunnels, with an increasing focus on full lifecycle solutions including parts and chemicals. Sonny’s has national reach across its manufacturing and distribution footprint, with its headquarters in Tamarac, Florida.

Genstar Capital is a leading private equity firm that has been actively investing in high quality companies for over 30 years. Genstar works in partnership with its management teams and its network of strategic advisors to transform its portfolio companies into industry-leading businesses. Genstar currently has approximately $19 billion of assets under management and targets investments focused on targeted segments of the financial services, healthcare, industrial technology and software industries. Genstar is headquartered in San Francisco, California.

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