PLANO, Texas, Oct. 6, 2022 /PRNewswire/ — Riverbend Sandler Swimming pools (“Riverbend”), the main residential pool building, service, and upkeep supplier within the Dallas – Ft. Price metroplex, and a portfolio firm of Concentric Fairness Companions (“CEP”), introduced the acquisition of Yard Paradise Luxurious Swimming pools (“Yard Paradise” or the “Firm”), a Montgomery, TX-based supplier of swimming pool building, reworking, restore, and upkeep companies, and out of doors dwelling options. Riverbend will likely be buying Yard Paradise from and partnering straight with present proprietor Mitchell Buckley, who will stay with the Firm in his present management position and retain a person possession stake. Yard Paradise represents the Riverbend platform’s fourth acquisition since partnering with CEP in 2021 and expands the platform’s presence to the Houston market.
Yard Paradise is a premier residential and industrial pool building and repair model primarily targeted on the northern and western areas of the Houston metroplex. Based in 2015 by Mitchell Buckley, the Firm has operated with a ardour for working with clients to design and assemble their dream yard venture. During the last seven years, Yard Paradise has shortly constructed its popularity as one of many main pool builders in Houston, acknowledged for its revolutionary designs and high quality of service. All Yard Paradise workers will proceed of their present positions with the Firm, and the platform will proceed working below the Yard Paradise model within the Firm’s present markets.
“Over the previous couple of years, I’ve thought-about promoting my firm to supply higher alternatives for development for myself and my workers. In trying to find the correct associate, I used to be capable of join with the Riverbend Sandler workforce and after the primary assembly, I knew they have been the correct associate for me and my firm. They’ve been a pleasure to work with all through the sale course of and I am trying ahead to the long run development within the Houston market,” Mitchell Buckley commented.
“As we regarded to broaden the Riverbend Sandler market presence, Houston was the primary probably place exterior of the Dallas space,” mentioned Riverbend Sandler CEO Bruce Mungiguerra. “We could not be extra enthusiastic about partnering with Mitchell and his workforce as our first flagship firm within the Houston market. Mitchell and his workforce are an ideal tradition match for the group and we’re excited that he and his total workforce are staying onboard to assist us with future development out there”.
Adam Lucas of Concentric Fairness Companions provides: “Mitchell and the Yard Paradise workforce have constructed a formidable Firm and popularity over a brief time period. We’re thrilled to plant our flag within the enticing Houston market with a associate like Yard Paradise and proceed executing upon our technique to develop the Riverbend platform throughout Texas.”.
About Yard Paradise Luxurious Swimming pools:
Headquartered in Montgomery, TX, and serving the Houston market, Yard Paradise is a number one residential and industrial pool building, renovation, and repair firm. Based in 2015 by Mitchell Buckley, Yard Paradise has shortly expanded its position within the Houston metroplex. Since its founding seven years in the past, the Firm and has grown every year, and expanded to its present Montgomery facility that’s over thrice as massive as the unique founding location. Yard Paradise is the continuation of an entrepreneur-led enterprise that is able to develop to the subsequent stage, with a formidable workforce of hard-working, devoted folks.
For extra data on Yard Paradise, go to www.bpluxurypools.com.
About Riverbend Sandler Swimming pools:
Headquartered in Plano, TX, Riverbend Sandler is the main residential pool building, service, and upkeep supplier in Dallas Fort Price. The Firm differentiates via its specialised and high-touch design course of, dedication to high quality craftsmanship and customer support, and established observe report of success. The Firm was based by Charles Barnes in 1981 and grown over a profitable interval of greater than 4 many years to turn out to be one of many largest pool builders within the Southwest U.S. Riverbend Sandler’s guiding philosophy has all the time been: “Do not reduce corners. Take a bit extra time to construct it proper and by no means compromise high quality craftsmanship.”
For extra data on Riverbend Sandler, go to www.riverbendsandler.com.
About Concentric Fairness Companions:
Concentric Fairness Companions is a non-public funding agency that companions with main center market firms by offering capital and strategic advisory to speed up long run worth creation. Concentric’s method is straightforward: assist entrepreneurs and operators by offering the sources required to attain extraordinary outcomes. The agency’s funding workforce is made up of people with distinguished observe information as operators {and professional} traders throughout a wide range of development oriented center market firms.
Concentric Fairness Companions is the direct investing arm of Monetary Investments Company, a non-public asset administration agency and household workplace with over $2 billion in funding commitments below administration. Monetary Investments Company was based in 1994 by father and daughter Harrison and Jennifer Steans and has been partnering with non-public firms for greater than 25 years.
For extra data on Concentric, go to www.ficcep.com.
SOURCE Concentric Fairness Companions
