Poolwerx finalises US acquisitions
Australian pool and spa care franchise, Poolwerx, has finalised its next round of acquisitions in the US acquiring the retail and residential servicing and maintenance divisions of Vivo Pools, with operations trading as SC Pool & Spa Works in California, Crystal Tech Pools in Arizona and Citrus Pool Services in Florida.
The acquisition adds two retail stores, a warehouse operation, and 40 more mobile service and maintenance units to the Poolwerx USA business.
Poolwerx, founder and CEO, John O’Brien, said this was the ideal next step for the business in its US aggregation strategy.
“This is the perfect addition to our USA footprint as it enhances our presence of our existing 15 stores and nine mobile units in Arizona, and offers us two other great foundations in the American Sunbelt region with California and Florida. This sets us well on the path for our franchise development targets.”
Poolwerx first launched in Australia 22 years ago and now boasts 85 retail and 300 mobile units across Australia and New Zealand. The Poolwerx USA business now has 17 retail and 49 mobile units across America.
“It’s exciting times, we have only been in the USA for six months and we are on plan, on target, and aligned with our five year development vision to 2020. I certainly feel a bit like a kid in a candy store. The American industry has embraced our vision of organising the category through our franchise business model, and we have some incredible supporters,” said O’Brien.
Written by Inside Retail, originally published on August 3, 2015.
