Industry Newsline

AUTEC ACQUIRED

02/27/20

 

AUTEC Car Wash Systems, manufacturer of high-volume, fully automated car wash equipment based in Statesville, NC, has announced that it is has been acquired by Dallas-based business leader and entrepreneur Vic Keller. The terms were not disclosed.

Since 1981, AUTEC has specialized in and manufactured three fully automatic car wash systems — soft-touch, touch-free, and a combination system that provides both. They also manufacture a premier soft-touch car polisher.

Growing from a small company that started in founder Tom Hobby’s basement to a multimillion-dollar corporation, AUTEC’s services has expanded to include marketing, design, research and development, engineering and drafting, welding and metal fabrication, paint and surface preparation, electrical, assembly, technical service, and complete chemical blending, formulating, and packaging operations.

Keller is a seasoned automotive executive and entrepreneur. He has more than 25 years’ experience building, growing, and leading a diverse portfolio of companies across numerous fields including manufacturing and distribution, automotive, technology, e-commerce, and financial services. Keller is a firm believer in investing in people, not just businesses.

“I am passionate about the incredible business that Tom Hobby, the founder of AUTEC, has built. The AUTEC team has been extremely welcoming and genuinely supportive of this transition, and we are working together to capitalize on strategic opportunities ahead,” Keller said.



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