Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Naples Pool Service, Inc. to Pool Centurion Group. The acquisition closed May 2, 2022.
Naples Pool Service (NPS), located in Naples, Fla., and founded in 1969, provides pool maintenance and repair solutions, as well as renovations of pools, spas, decks, fountains, and patios. NPS offers quality brand pool supplies, including controls, pumps, motors, generators, and parts.
Located in Florida City, Fla., Pool Centurion Group (PCG) is becoming a respected leader and fast-growing company in pool service, repairs and renovations in the Florida market. PCG’s expansion strategy continues as they look for additional operators and leading local brands to join the PCG family.
Generational Equity Executive Managing Director, M&A-Technology Practice Leader, David Fergusson, and his team led by Managing Director, M&A, Barry DeWitt, with the support of Vice President M&A, Emil Nirkis successfully closed the deal. Executive Managing Director - North America, Edward G. Weber established the initial relationship with NPS.
“This was a great geographic and strategic fit for Pool Centurion Group that allows the company to enhance their expansion into a growing regional market. It was a pleasure working with both seller and buyer, and I look forward to the company’s continued success,” says DeWitt.