Guard Hill Holdings has sold S.R. Smith to Champlain Capital

Lincoln International (“Lincoln”), a leading global mid-market investment bank, is pleased to announce that S.R. Smith, LLC (“SRS” or the “Company”), a portfolio company of Guard Hill Holdings (“Guard Hill”), has been acquired by Champlain Capital (“Champlain”). Terms of the transaction were not disclosed.

Headquartered in Canby, Oregon, SRS is the leading manufacturer of premium pool deck equipment and ADA compliant pool lifts for the swimming pool market globally. The Company’s product portfolio features a diverse range of slides, diving boards, starting blocks, pool access lifts, ladders, rails, pool lighting and controls as well as accessories that maximize the fun and performance of both commercial and residential pools.

Gregory Young, Managing Partner at Guard Hill, commented, “Lincoln’s industry knowledge and process execution expertise resulted in a great outcome for the Guard Hill shareholders and management team.” He added, “We are extremely proud of our partnership with the SRS management team. SRS is well positioned for the future and we wish them well as they continue to expand their footprint in the pool deck equipment arena.”

Rich Laitta, CEO of SRS, commented, “Lincoln’s unique insights and in-depth understanding of SRS’ business model allowed them to share our story and value proposition in a highly compelling manner. We appreciated the level of senior attention and guidance they provided to the management team throughout the process. We look forward to continuing the execution of our organic and acquisition growth plan with the support of our new partners at Champlain.”

Lincoln acted as the exclusive financial advisor to SRS and Guard Hill, working closely with its shareholders and management team throughout the sale process. This included providing advisory expertise and managing the preparatory, marketing, negotiation and due diligence phases of the transaction.

  • 2017
    Close Year
  • Consumer | Building Products
    Industry
  • Private Equity
    Client Type
  • Financial | Domestic
    Transaction Type
  • USA
    Countries

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