SPS PoolCare Acquires Pool Troopers
SPS PoolCare, the largest swimming pool service company in the U.S., has acquired Pool Troopers. This combination brings together the nation’s top two pool service providers, expanding SPS PoolCare’s reach to over 42,000 weekly recurring residential and commercial customers across 19 markets in five states.
“The combination of SPS PoolCare with Pool Troopers creates an industry powerhouse that will set new standards for pool care across America,” says Lance Martin, CEO and chief operating officer of SPS PoolCare. “Pool Troopers has earned an outstanding reputation for quality service and customer satisfaction. Their values mirror our mission to make pool ownership a joy by putting customers first and treating employees as our greatest asset.”
This transaction represents a significant milestone for SPS PoolCare, a portfolio company of Storr Group, marking its 191st and largest acquisition to date. The company will keep Pool Troopers’ field teams intact, enabling branches to maintain continuity in day-to-day operations, local decision-making authority and existing customer contracts and commitments.
“SPS PoolCare has a proven track record of successfully onboarding regional pool companies, and with our complementary geographic footprints, this partnership was a natural fit,” says AD Gonzalez, president and chief financial officer of Pool Troopers.
Pool Troopers was previously a Shoreline Equity Partners portfolio company, and Shoreline remains a minority investor in the combined business following the transaction.
“For customers and the many valued team members who serve them every week, this acquisition expands service coverage and strengthens the platform behind their work,” says Fraser Ramseyer, CEO of Storr Group and founder of SPS PoolCare. “It reflects our multiyear strategy of building — and investing in — institutional-grade operating infrastructure, from technology and field systems to standardized service delivery and workforce development.”
William Blair served as exclusive advisor to SPS PoolCare in the transaction, and SPS PoolCare partnered with Balance Point Capital to provide the debt capital for this transaction. For more information, visit spspoolcare.com.
