New York, NY (March 3, 2015) – Endless Pools, Inc. (“Endless Pools” or the “Company”) of Aston, PA has been acquired by Watkins Manufacturing Corporation of Vista, CA, through its parent company, Masco Corporation of Taylor, MI. Sperry, Mitchell & Company, Inc. assisted in the negotiations and served as exclusive financial advisor to Endless Pools.
Endless Pools (www.endlesspools.com) is a leading designer, marketer, and manufacturer of counter-current swimming pools, which allow users to swim or exercise in place against a smooth and adjustable current of water. The Company’s branded products are well-known for their superior design, functionality, and ease of use. One of the Company’s fastest growing product lines is a swim spa, which is a counter-current swimming pool and spa integrated into a single unit. Endless Pools was founded in 1988 and has sold its products to over 20,000 customers in over 65 countries around the world.
Masco Corporation (NYSE:MAS) (www.masco.com) is one of the world’s leading manufacturers of home improvement and building products, as well as a leading provider of services including the installation of insulation and other building products.
Sperry, Mitchell & Company, Inc. (www.sperrymitchell.com) is an investment banking firm specializing in middle-market merger and acquisition advisory services. Since the firm’s founding in 1986, Sperry Mitchell has completed hundreds of transactions in a wide range of industries, with values up to $450 million.