July 1, 2025 Fried Frank acted as counsel to New Mountain Capital (“New Mountain) and its portfolio company, Zep, Inc. (“Zep”), in the sale of Zep to an affiliate of Truelink Capital Management (“Truelink”). Zep is a leading innovator, producer and distributor of maintenance, cleaning, and sanitation solutions for food and beverage, industrial, institutional and retail customers. Truelink is a middle-market private equity firm based in Los Angeles. New Mountain is a New York-based investment firm.