HNS Partners Advises Main Line Commercial Pools on its Partnership with a Financial Sponsor
HNS Partners, a leading middle market M&A advisory firm, is pleased to announce that certain principals of HNS served as the exclusive financial advisors to Main Line Commercial Pools, Inc. (“Main Line” or the “Company”) in its partnership with a Financial Sponsor.
The Main Line transaction marks the third HNS-led transaction that created a pool services platform, reinforcing the firm’s position as the leading advisor in pool industry consolidation. HNS leverages deep industry expertise and relationships to drive materially higher outcomes for its clients. Pool service clients that engage HNS after receiving a proprietary offer have historically closed at an enterprise value that is on average 75% higher than their initial offer.
Founded in 1976 and headquartered in King of Prussia, Pennsylvania, Main Line has built a 50-year legacy of excellence in the commercial aquatics industry. The Company is led by three brothers, Brian, Gavin, and Michael Grimes, each with more than 18 years of tenure at Main Line. The Grimes brothers will continue to lead operations of the Main Line platform going forward. Today, the Company stands as a superregional leader in commercial aquatics installation, renovation, and service, with a particularly strong footprint across Pennsylvania, Maryland, New Jersey, New York, Virginia, Washington D.C., and Ohio. With 75 employees and a track record of completing or servicing more than 900 commercial aquatic facilities and 130+ active water management contracts, the Company provides turnkey solution for commercial aquatic facilities. Services span the full project lifecycle, from installation and replacement through long-term maintenance and water management for a diversified mix of public and private customers.
Transaction Rationale & Growth Opportunities
Main Line’s partnership with this Financial Sponsor positions the Company to accelerate geographic expansion, deepen penetration across its service lines, grow its recurring service base, and pursue acquisitions in a highly fragmented industry. The new Partner’s sector-specialist approach and operational expertise make it the ideal partner to support Main Line’s next chapter of growth.
Main Line enters this partnership with strong momentum, an experienced management team, scalable infrastructure, and a robust pipeline of opportunities. The Company is well-positioned to become the leading commercial aquatics platform on the East Coast.
Commentary
“Any major decision you make about the business your family has spent decades building is not something you take lightly, and having the right advisor by your side is critical. HNS brought a level of professionalism, market knowledge, and genuine commitment to our success that gave us confidence every step of the way. We could not be more pleased with the outcome and the partner we found to help us continue to grow Main Line."
— Gavin Grimes, Principal, Main Line Commercial Pools
“It was an honor for our team to work with Brian, Gavin and Michael on this transaction. Main Line is a market leader and sets the standard for commercial pool services. Main Line’s new partner has a history of building great businesses and is the right group to help Main Line accelerate its next phase of growth.”
— Jeremy Berman, Vice President, HNS Partners
HNS Partners’ Pool Industry Track Record
HNS Partners has established itself as one of the most active and knowledgeable M&A advisors in the pool services sector. This is the third HNS-led transaction that resulted in the creation of a platform in the pool services sector. HNS also represented South Shore Gunite Pools & Spas, New England’s largest gunite pool builder, in its partnership with a growth-minded investor.
In 2024, HNS advised Easton Select Group on its partnership with Brenton Point Capital Partners. The transaction combined Easton Pool & Spa, Plunge Pool Concepts, and Atlantic Water Services.
HNS’s deep sector expertise, strong relationships with institutional investors, and founder-first advisory philosophy consistently deliver outcomes that exceed client expectations. We have routinely helped our clients generate above-market multiples with great partners.
About Main Line Commercial Pools
Founded in 1976 and headquartered in King of Prussia, Pennsylvania, Main Line Commercial Pools is a superregional leader in commercial aquatics installation, renovation, and service, providing turnkey solutions to a diversified mix of public and private customers across the Mid-Atlantic, Northeast, and Midwest. For more information, please visit www.mainlinepools.com.
About HNS Partners
HNS Partners is a middle-market investment bank offering financial advisory and M&A transaction services to best-in-class private companies. The firm’s advisory practice provides confidential, strategic, and thoughtful advice to companies across multiple industries with a specific focus on the business and consumer services sectors. Principals of HNS acted in their capacity of licensed investment banking agents of unaffiliated broker-dealer M&A Securities Group, Inc., member FINRA/SIPC. For more information, please visit hns-partners.com, or contact Jeremy Berman at jeremy@hns-partners.com.