HNS Advises South Shore Gunite Pools and Spas on New Partnership
Certain Principals of HNS Partners Advised South Shore Gunite Pools and Spas in its partnership with a growth-minded investor
HNS Partners, a leading middle market M&A advisory firm, is proud to announce that certain principals served as exclusive financial advisors to South Shore Gunite Pools and Spas Inc. (“SSG”) in its partnership with a growth-minded investor. The transaction creates the newest pool services platform in the US and partners owner Bob Guarino with a seasoned investor that will accelerate the company’s growth.
SSG is New England’s largest and most trusted gunite pool builder. Founded in 1975, SSG has built more than 10,000 pools and has a reputation for excellence that continues to set the benchmark for the pool industry. Complementing its construction proficiency, the Company’s comprehensive pool servicing division provides trusted, expert care to both residential and commercial pool owners. According to data provided by Pool & Spa News, SSG’s service division is the largest founder-owned, single location pool service operation in the country. This robust service business, supported by the Company’s experienced leadership team, made SSG a natural platform investment.
Mr. Guarino said, “I am incredibly grateful to the team at HNS for its guidance and support through every step of the process. The team provided strategic insight and dedication that were instrumental in achieving the best outcome for our company and our team.”
“This was certainly a rewarding process,” said HNS Managing Partner Laney Naramore. “We are honored to have worked with Bob, who is highly regarded by his peers as a pioneer within the industry. Bob and the SSG team’s accomplishments are unmatched, and they have built one of the largest privately owned pool companies in the country. We are proud that Bob put his trust in HNS, and that we could help him achieve a well-deserved outcome for himself, his family and the entire SSG team."
This marks HNS’s second platform-creating pool transaction in New England in the past year. The firm continues to be a leading M&A advisor to companies in the rapidly consolidating pool sector.
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 Brooke Wahl at brooke@hns-partners.com.