AP Formulators

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AP Formulators - overview

Location

South Houston, TX, US

Primary Industry

Chemicals

About

AP Formulators is a specialized manufacturer of high-quality commercial car wash chemicals, delivering customizable solutions that enhance vehicle cleaning operations for a diverse range of clients across the United States. AP Formulators, headquartered in South Houston, US, focuses on manufacturing car wash chemicals tailored to meet the unique needs of operators. The company's founder has an extensive background in the chemical industry, previously founding other successful ventures. The firm operates independently without being a subsidiary of any parent company.


AP Formulators specializes in high-quality, customizable commercial car wash chemicals designed to enhance the vehicle cleaning experience. The company offers a comprehensive range of products, including foams, fragrances, degreasers, and dressings, which are formulated to meet the specific needs of car wash operators. Their innovative formulations, such as Blue Brilliance ECO Tire Shine, focus on improving customer satisfaction while ensuring optimal performance in various washing environments. AP Formulators caters to a diverse client base, servicing both large operators with over 250 washes and smaller establishments, providing tailored solutions for businesses across the United States.


The company is committed to delivering fresh products promptly, with a significant emphasis on maintaining high in-stock rates and on-time delivery. AP Formulators operates primarily through a B2B model, partnering with car wash operators and distributors to supply its range of chemical products. Transactions typically occur as direct sales, with clients placing orders for customized formulations that are blended and shipped within 72 hours to ensure freshness. The company’s revenue structure includes contracts and partnerships with various wash types, including conveyor, in-bay, and self-serve washes.


While specific pricing details for individual products are not disclosed, the firm’s focus on quality service and rapid delivery underpins its value proposition. Flagship offerings like the AP Formulators Excel Ceramic Sealant are integral to client satisfaction, driving repeat business and long-term relationships within the industry. AP Formulators is focused on expanding its product line with new formulations expected to be launched in the coming months. The company is also planning to penetrate additional regional markets within the US, aiming for a broader presence by the end of next year.


Recent funding will be allocated to enhance manufacturing capabilities and support these expansion initiatives.


Primary Industry

Chemicals

Sub Industries

Commodity Chemicals

Website

www.apchemical.com

Verticals

Manufacturing

Total Amount Raised

Subscriber access only

AP Formulators - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
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