ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Vontier Strengthens Leading Position in Car Wash Technology with Sergeant Sudz Acquisition

Vontier Corporation (NYSE: VNT), a leading global provider of critical technologies and solutions to connect, manage and scale the mobility ecosystem, announced today the acquisition of Sergeant Sudz (Sgt. Sudz), the leading provider of next-generation tunnel automation and smart motor control center (MCC) technology for tunnel car wash operators in the U.S. The acquisition will combine Vontier’s existing DRB® car wash technology, including point of sale systems, digital consumer engagement, tunnel controls and data analytics, with Sgt. Sudz’s smart MCC and industrial automation expertise, giving tunnel car wash operators a comprehensive, digital solution to deliver greater productivity and efficiency. Terms of the transaction were not disclosed.

Headquartered in Greenville, Tenn., Sgt. Sudz has quickly established itself as a market leader in smart tunnel controls through innovative products developed solely for the car wash market, user friendly interfaces and exceptional customer service and support. DRB and Sgt. Sudz serve many of the largest car wash operators today.

"Sgt. Sudz extends DRB’s digital expertise and advances our strategic priority to help car wash operators run and grow their businesses,” said Devon Watson, President, DRB. “DRB is taking our software and cloud expertise and what we’ve learned in the POS space over the last 40 years and enhancing it with smart tunnel controls. We now have a powerful and integrated solution that not only drives revenue but unlocks greater cost awareness, efficiency and productivity. We’re excited to welcome the Sgt. Sudz team to the DRB family and bring this full capability to our customers.”

“Joining forces with Vontier and DRB strengthens our capacity for innovation and expands the value we bring to customers,” said James Vanderwiele, co-owner of Sgt. Sudz. “Subeth and I are honored to continue leading Sgt. Sudz, and we are excited to join a family that truly aligns with our vision. Together, with Vontier and DRB’s combined expertise and innovative technologies, we are well-positioned to empower our customers to achieve forward-thinking solutions that address evolving industry needs and help our customers thrive in a rapidly changing market.”

DRB has been the car wash technology leader for 40 years. Its systems and software are used by thousands of car wash businesses and 17 of the 20 largest car wash chains.

About Vontier

Vontier (NYSE: VNT) is a global industrial technology company uniting productivity, automation, and multi-energy technologies to meet the needs of a rapidly evolving, more connected mobility ecosystem. Leveraging leading market positions, decades of domain expertise and unparalleled portfolio breadth, Vontier enables the way the world moves – delivering smart, safe and sustainable solutions to our customers and the planet. Vontier has a culture of continuous improvement and innovation built upon the foundation of the Vontier Business System and embraced by colleagues worldwide. Additional information about Vontier is available on the Company’s website at www.vontier.com.

FORWARD-LOOKING STATEMENTS

This release contains forward-looking statements within the meaning of the federal securities laws. These statements include, but are not limited to statements regarding Vontier Corporation’s (the “Company’s”) business and acquisition opportunities and anticipated earnings, and any other statements identified by their use of words like “anticipate,” “expect,” “believe,” “outlook,” “guidance,” or “will” or other words of similar meaning. There are a number of important risks and uncertainties that could cause actual results, developments and business decisions to differ materially from those suggested or indicated by such forward-looking statements and you should not place undue reliance on any such forward-looking statements. These risks and uncertainties include, among other things, deterioration of or instability in the economy, the markets we serve, changes in U.S. and international geopolitics, including trade policies, volatility in the financial markets, contractions or lower growth rates and cyclicality of markets we serve, competition, changes in industry standards and governmental policies and regulations that may adversely impact demand for our products or our costs, our ability to successfully identify, consummate, integrate and realize the anticipated value of appropriate acquisitions and successfully complete divestitures and other dispositions, our ability to develop and successfully market new products, software, and services and expand into new markets, the potential for improper conduct by our employees, agents or business partners, impact of divestitures, contingent liabilities relating to acquisitions and divestitures, impact of changes to tax laws, our compliance with applicable laws and regulations and changes in applicable laws and regulations, risks relating to global economic, political, war or hostility, legal, compliance and business factors, risks relating to potential impairment of goodwill and other intangible assets, currency exchange rates, tax audits and changes in our tax rate and income tax liabilities, the impact of our debt obligations on our operations, litigation and other contingent liabilities including intellectual property and environmental, health and safety matters, our ability to adequately protect our intellectual property rights, risks relating to product, service or software defects, product liability and recalls, risks relating to product manufacturing, our relationships with and the performance of our channel partners, commodity costs and surcharges, our ability to adjust purchases and manufacturing capacity to reflect market conditions, reliance on sole sources of supply, security breaches or other disruptions of our information technology systems, adverse effects of restructuring activities, impact of changes to U.S. GAAP, labor matters, and disruptions relating to man-made and natural disasters. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in our SEC filings, including our Form 10-K for the year ended December 31, 2024. These forward-looking statements represent Vontier’s beliefs and assumptions only as of the date of this release and Vontier does not assume any obligation to update or revise any forward-looking statement, whether as a result of new information, future events and developments or otherwise.

We now have a powerful and integrated solution that not only drives revenue but unlocks greater cost awareness, efficiency and productivity. We’re excited to welcome the Sgt. Sudz team to the DRB family and bring this full capability to our customers.

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.