Azureon (backed by O2 Investment Partners) Invests in Henry Bona Pools & Spas

Azureon (O2 Investment Partners) Acquires Stake in Northern Pool & Spa

April 1, 2025

Construction

O2 Investment Partners, through its pool-care platform Azureon, has made an investment in and partnered with Northern Pool & Spa, a full-service pool maintenance and construction company based in Eliot, Maine. The deal — an add-on to Azureon's platform expansion across the Northeast — will keep Northern management with significant ownership while giving the business access to Azureon's operational support, resources and technology.

Azureon (O2 Investment Partners) Invests in Precision Pool & Spa

December 23, 2025

Construction

O2 Investment Partners, through its pool-care platform Azureon, has made an investment in and partnered with Precision Pool & Spa, a Fairport, New York-based full-service pool maintenance and construction company. The deal is an add-on to Azureon's growing Northeast platform; Precision's management (led by President Dave Cox) will retain significant ownership and will gain access to Azureon's operational resources and technology.

O2 Investment Partners Forms Azureon Platform with Five Northeast Pool Companies

October 1, 2024

Construction

O2 Investment Partners has invested in and partnered with The Aqua Doctor, Chaikin Ultimate Pools, Cool Pool & Spa, Gorlin Pools and Spas, and Rainbow Pools to create Azureon, a new pool services platform serving the New York and New Jersey region. The deal (financed in part by PennantPark Investment Advisors) combines maintenance, repair, renovation, and design/build capabilities under a centralized leadership team while member companies and their management teams retain significant ownership.

Azureon (backed by O2 Investment Partners) Acquires Pelican Pools

January 21, 2025

Construction

Azureon, a pool care platform backed by O2 Investment Partners, has acquired Pelican Pools, a Southampton, New York-based full-service residential pool maintenance and construction company. The add-on expands Azureon's Northeast coverage (notably the Hamptons/Long Island area) and Pelican will continue operating under its existing leadership while retaining significant ownership.

Azureon (backed by O2 Investment Partners) Acquires Northstar Pool Co.

May 15, 2025

HVAC & Mechanical

O2 Investment Partners, through its pool-care platform Azureon, has acquired a significant stake in Northstar Pool Co., a full-service pool maintenance provider based in Allendale, New Jersey. The add-on expands Azureon's Northeast footprint and gives Northstar access to Azureon's operational resources while Northstar's owners retain significant ownership.

Monomoy Capital Partners' Pool & Spa Platform Acquires Nordic Hot Tubs

November 14, 2022

Manufacturing

Monomoy Capital Partners' pool and spa platform acquired Nordic Hot Tubs, adding the Grand Rapids-based manufacturer of HDPE hot tubs to its existing Artesian Spas and Marquis Hot Tubs portfolio. The add-on expands the platform's product mix in the value hot-tub category and aims to leverage combined brand strengths and dealer relationships to scale the business across North America and Europe.