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

1. Vontier acquires Sergeant Sudz, enhancing car wash technology solutions. 2. The deal combines DRB® and Sgt. Sudz's tunnel automation expertise. 3. The acquisition aims to improve productivity and efficiency for car wash operators. 4. Sgt. Sudz strengthens Vontier's digital presence in a growing market. 5. DRB's established market leadership supports the acquisition's growth potential.

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FAQ

Why Bullish?

The acquisition strengthens VNT's market position, suggesting positive future revenue growth similar to past successful acquisitions in tech.

How important is it?

The acquisition is a strategic move aligning with VNT's growth objectives, indicating potential significant positive market reaction.

Why Long Term?

The integration will take time to yield results; historical tech acquisitions typically show growth after several quarters.

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DRBSgt. Sudz
RALEIGH, N.C.--(BUSINESS WIRE)--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.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.Share 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.

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