Inter Valley Pool Supply, a packager and distributor of water treatment chemicals, has been acquired by Hasa, a portfolio company of Peak Rock Capital since September 2017.
Inter Valley Pool Supply (IVPS) packages and distributes water treatment products and has operated as a licensed distributor of Hasa-manufactured liquids for more than 20 years. IVPS owns a fleet of mini-bulk delivery trucks and specializes in the delivery of sodium hypochlorite, a compound used for water purification. The company serves an array of municipal, industrial and pool & spa customers in the Southern California region.
IVPS, led by its President John Fry, was founded in 1987 and is headquartered in Pomona, CA (www.ivpsinc.com).
“We are delighted that Hasa has acquired IVPS and we look forward to continuing to expand the Hasa platform by partnering with high-quality, complementary businesses in the water treatment and pool & spa space,” said Steve Martinez, President and Managing Director of Peak Rock Capital.
Hasa is a producer and distributor of sodium hypochlorite and other water treatment products used to sanitize and maintain water systems, including swimming pools, water tanks and containment vessels in the recreational, industrial and municipal end markets. The company was founded in 1964 and operates five facilities in California, Arizona, Washington and Texas. Hasa, led by CEO Rory Manley, is headquartered north of Los Angeles in Saugus, CA (www.hasapool.com).
Peak Rock makes debt and equity investments of $20 million to $150 million in middle market companies with revenues from $50 million to $1 billion and enterprise values from $25 million to $500 million. Sectors of interest include business and commercial services; consumer; distribution and logistics; energy and related services; healthcare; industrials; manufacturing, metals, and media. The firm is based in Austin (www.peakrockcapital.com).
© 2018 Private Equity Professional | March 28, 2018
