MacNeil Wash Systems Ltd.

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MacNeil Wash Systems Ltd. - overview

Established

1982

Location

-, ON, Canada

Primary Industry

Retail

About

MacNeil Wash Systems Ltd. specializes in innovative car wash solutions, providing high-quality equipment and comprehensive systems designed for various sectors such as tunnel car washes and fleet services. Founded in 1982, MacNeil Wash Systems Ltd. is a Canadian company that develops and manufactures car wash equipment.


In March 2013, it was acquired by Ryko Manufacturing Company, a portfolio company of Trivest Partners. The company operates from Canada and focuses primarily on the North American market. MacNeil Wash Systems specializes in providing a comprehensive range of car wash equipment and solutions tailored for the tunnel car wash industry, car dealerships, and fleet and rental markets. The company’s core offerings include turnkey car wash systems, high-quality OEM equipment, and cost-effective retrofits designed to enhance operational efficiency and reduce maintenance costs.


These solutions are engineered to operate seamlessly, delivering exceptional cleaning results while minimizing downtime and labor expenses. MacNeil’s products are typically utilized by both new entrants to the car wash sector and established full-service operators looking to upgrade their systems. The brand is recognized for its durable stainless steel equipment, which is marketed primarily across North America, supported by a wide network of distributors and strategic partners globally. MacNeil Wash Systems generates revenue through direct sales of its car wash equipment and systems, along with ongoing service and support offerings.


The company engages in B2B transactions, primarily with car wash operators and dealerships, who procure equipment for both new installations and upgrades to existing systems. Transactions often involve service agreements that provide customers with technical support and maintenance training, ensuring optimal performance of the equipment over time. MacNeil's flagship products, which include a variety of advanced car wash tunnels and components, contribute significantly to the company's revenue stream. The pricing structure is designed to reflect the quality and durability of their offerings, with a focus on delivering long-term cost savings to clients through efficient, low-maintenance solutions.


Following its acquisition in March 2013, MacNeil Wash Systems is poised for expansion with plans to introduce new car wash technologies and product lines over the next couple of years. The company aims to deepen its penetration in the North American market while exploring opportunities in international regions. Funding from its latest acquisition will support product development and market expansion efforts, enabling the company to enhance its operational capabilities and service offerings.


Current Investors

Ryko Manufacturing Company

Primary Industry

Retail

Sub Industries

Automobile Dealerships

Website

www.macneilwash.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

MacNeil Wash Systems Ltd. - 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)
Add-onCompletedMacNeil Wash Systems Ltd.-

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