INVESTOR ALERT: Faruqi & Faruqi, LLP Announces the Investigation of Zep, Inc. (ZEP) Over the Proposed Sale of the Company to New Mountain Capital in a Cash Deal

NEW YORK--(BUSINESS WIRE)--

Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Zep, Inc. ("Zep" or the "Company") ZEP for potential breaches of fiduciary duties in connection with the sale of the Company to New Mountain Capital for approximately $692 million. The Company's stockholders will only receive $20.05 for each share of Zep common stock they own. However, at least one analyst has set a price target of $21.00 for the Company's shares.

Click here for more information: www.faruqilaw.com/ZEP. There is no cost or obligation to you.

The investigation focuses on whether Zep's Board of Directors breached their fiduciary duties to the Company's stockholders by failing to conduct a fair sales process and whether and by how much this proposed transaction undervalues the Company to the detriment of Zep's shareholders.

Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, throughout all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firm's clients. To keep track of the latest securities litigation news, follow us on Twitter at www.twitter.com/MergerActivity or on Facebook at www.facebook.com/FaruqiLaw.

If you own common stock in Zep and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/ZEP or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.

Contact:

Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
jmonteverde@faruqilaw.com
Toll Free: (877) 247-4292
Phone: (212) 983-9330

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