White Oak Partners News
White Oak Partners Initiates the Acquisition of America’s Swimming Pool Company by APAX Partners and its Portfolio Company Authority Brands
October 22, 2018
White Oak Partners initiated the add-on acquisition of ASP Franchising, Inc. (dba America’s Swimming Pool Company) by Authority Brands, a portfolio company of APAX Partners.
ASP is the nation’s largest swimming pool service franchise with over 100 franchise owners operating in more than 350 cities across 21 states.
Authority Brands is a leading home services franchising platform and the parent company to The Cleaning Authority, Homewatch CareGivers and America’s Swimming Pool Company. Together, these brands provide recurring home services through more than 550 franchise locations in the U.S., Canada and Latin America.
Apax Partners is a leading global private equity advisory firm. Over its more than 35-year history, Apax Partners has raised and advised funds with aggregate commitments of over $50 billion.