Northern Pool & Spa, Inc.

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Northern Pool & Spa, Inc. - overview

Established

1976

Location

-, ME, US

Primary Industry

Construction

About

Northern Pool & Spa, Inc. specializes in custom inground swimming pool design and construction, offering high-quality solutions for both residential and commercial clients in the New England region. Founded in 1976, Northern Pool & Spa, Inc. focuses on designing and constructing inground swimming pools, primarily using gunite and vinyl liners.


The company has consistently operated within the Seacoast area and Lakes Regions of Maine and New Hampshire, extending services into Massachusetts’ North Shore. The founder of the company has not been detailed in available resources. As of April 2025, the company was acquired by Azureon, a portfolio company of O2 Investment Partners, although the financial details of this acquisition were not disclosed. Northern Pool & Spa specializes in the design and construction of inground swimming pools, specifically focusing on gunite and vinyl liner pools.


Their primary offerings include custom pool construction tailored to both residential and commercial clients, ensuring each installation is of high quality and designed to last for many years. In addition to pool construction, the company operates a retail pool store that provides a comprehensive range of pool and spa accessories, along with essential chemicals needed for maintenance. The target customer base includes homeowners seeking to enhance their outdoor living spaces, as well as businesses requiring pools for recreational use. Revenue generation for Northern Pool & Spa is primarily derived from the direct sale of pool construction services and retail products.


The company engages clients through one-time transactions for pool installations and ongoing sales of maintenance supplies and accessories. Clients are typically homeowners and commercial entities who engage Northern Pool & Spa for their expertise in inground pool installations, which may include additional features such as spas and specialty pool elements. The nature of these transactions is characterized by direct-to-consumer sales, forming the basis of the company's revenue structure. Pricing details related to individual services and products align with the market standards for high-quality pool construction and maintenance offerings.


In April 2025, the acquisition by Azureon is aimed at expanding Northern Pool & Spa's market presence. The company is expected to leverage Azureon's resources to develop new products and enhance its offerings in pool and spa-related services. Specific geographic regions targeted for further expansion have yet to be disclosed, but the acquisition suggests a strategic move to reach new markets effectively.


Current Investors

Primary Industry

Construction

Sub Industries

Facilities & Maintenance Services, Engineering, Construction

Website

www.northernpoolandspa.com

Verticals

Infrastructure

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Northern Pool & Spa, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedNorthern Pool & Spa, Inc.-

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