Hydropool Hot Tubs Inc. (“Hydropool”) is the largest manufacturer of hot tubs and swim spas outside of the US. Hydropool, with operations in Canada, UK, and France, has built a global distribution network that spans over 50 countries.
NewPoint was retained by the shareholders of Hydropool to explore a potential sale of the Company and assist the shareholders and management with all aspects of evaluating, negotiating and closing a transaction.
NewPoint planned and executed a disciplined and confidential limited auction process. Jacuzzi Brands LLC, backed by equity sponsors Ares Management, Clearlake Capital Group and Apollo Global Management, was chosen as the successful bidder. NewPoint played a leading role in negotiating the key transaction terms and facilitated a thorough due diligence process.