O2 Investment Partners is pleased to announce that through its pool care platform Azureon, it has made an investment in and partnered with Southampton, N.Y.-based Pelican Pools. Terms of the investment were not disclosed.
Founded in 1988, Pelican Pools is a full-service pool maintenance and construction company that provides residential pool installation, renovation, maintenance and other services to customers in the Hamptons, N.Y., area.
Pelican marks Azureon’s first acquisition since partnering with O2 Investment Partners in June 2024. The platform continues to pursue a targeted expansion strategy throughout the Northeast United States. John Tisera, CEO of Azureon, comments, “We are excited to welcome the Pelican Pools team to Azureon. This partnership represents a significant milestone for Azureon and is consistent with the platform’s mission of becoming a market leader in pool care. Pelican increases our ability to continue to provide high-quality pool service capability and even more coverage throughout the attractive Hamptons area to Azureon, and we are thrilled to broaden our group of world-class pool operators by bringing Jim O’Brien and his team to the platform.”
Pelican will continue to retain its brand and operate under its existing leadership as part of Azureon, and continues to maintain significant ownership in the platform. Pelican will immediately have access to ample operational support, resources, and technology from the Azureon platform and its executive leadership team.
“We are delighted to partner with the Azureon team to help improve the pool industry and provide the highest quality and service to customers,” says Jim O’Brien, president of Pelican. “We appreciate O2 for embracing our strategic vision and are honored to work with Azureon to build on the platform’s goal of industry leadership, and look forward to reaching new heights in the pool care industry together.”
Kyle Chaikin, chief business development officer at Azureon, comments, “Pelican Pools’ commitment to high-quality pool service with differentiated capabilities in Long Island is an excellent fit with our established expansion strategy at Azureon and will help the platform achieve its long-term goals. We are excited to welcome Jim and his team to Azureon and look forward to continuing towards our ambition of building the market leader in pool care.”