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Intermatic Acquires Aquapro Systems, Expands Pool And Spa Portfolio

Oct 13, 2022•almost 3 years ago

Acquiring Company

Intermatic Incorporated

Acquired Company

Aquapro Systems

EnergyManufacturingManufacturing

Description

Intermatic Incorporated today announced its acquisition of Aquapro Systems, LLC., a leading manufacturer of pool and spa equipment. The investment expands the existing Intermatic pool and spa catalog with a range of essential pool solutions, including pumps, filters, heat pumps, air blowers, and more.

Company Information

Company

Intermatic Incorporated

About

With a rich company history spanning more than 130 years, Intermatic has grown into a global manufacturer of lighting control and energy management solutions for electrical, pool and spa, HVAC/R and OEM markets. Intermatic values ensure quality products, technical expertise and attentive service. The company provides solutions for facilities, municipalities, manufacturing, agriculture, commercial, residential and construction markets. For more information, please visit www.Intermatic.com. About Aquapro Systems Aquapro Systems’ mission is to produce long-lasting, enjoyable products for the pool and spa industry. The company strives to make the swimming pool experience worry and hassle free by engineering reliable, energy-efficient, eco-friendly products. An extensive line of pumps, filters, heaters, air blowers, utility pumps, and more are designed to work together to keep pool or spa setups operating at their best.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed