Pamplona Capital Management recently acquired controlling interest in Latham Pool Products from Wynnchurch Capital, which will remain a significant investor in the manufacturer of pool components and accessories.
“We are excited to work with Wynnchurch and the Latham management team to build on the company’s 62 years of customer relationships and market leadership,” said Russell Gehrett, a partner with Pamplona. “Latham already has a reputation for building the most-reliable, high-quality, innovative and affordable pools in the industry, and this will remain the focus going forward.”
The new equity investors signaled strong support for Latham’s current management team, led by CEO Scott Rajeski, which will continue to lead the company after the acquisition.
“Latham is a much stronger and and different company today than it was five years ago,” Rajeski said. “I am very appreciative of all the support Wynnchurch has provided us over the last three years and I believe Pamplona is the right partner to help to accelerate our growth strategy going forward.”
