Landmark Aquatic Acquires Spear Corporation

Bow River Capital Invests in Westport Pools and Progressive Commercial Aquatics to Form Landmark Aquatic

October 5, 2023

Construction

Bow River Capital made a strategic growth investment to combine Westport Pools and Progressive Commercial Aquatics into Landmark Aquatic, a national commercial aquatic services platform. The combined company will offer design, construction, maintenance, renovation and chemical supply services to municipal, education and private-club clients across the United States, with existing equity owners retaining meaningful stakes and continuing to lead operations.

Landmark Aquatic Acquires CEM Aquatics

January 7, 2026

Construction

Landmark Aquatic has acquired CEM Aquatics, a Salt Lake City–based commercial aquatics design, build, renovation, and maintenance firm with more than four decades of experience. Founder Craig Nielsen and the CEM leadership team will remain in place as integration begins, with Landmark saying the deal expands its capabilities and service footprint in the aquatics sector.

Cerberus Capital Management Acquires Landmark Structures from Graycliff Partners

December 20, 2024

Infrastructure

Cerberus Capital Management has acquired Landmark Structures, a North American designer, manufacturer and installer of elevated water and industrial storage tanks, from Graycliff Partners. Landmark, headquartered in Texas, will continue to be led by CEO Chris Lamon (who and the management team retain a minority stake) and will receive Cerberus' support to expand capabilities, services and geographic reach.

Union Park Capital Makes Majority Investment in Timberline Aquatics (to Join LRE Water)

June 28, 2024

Environmental Services

Union Park Capital has made a majority investment in Timberline Aquatics, Inc., which will join the Environmental Services practice at LRE Water, a Spheros Environmental company. The acquisition integrates Timberline’s aquatic ecological assessment and taxonomic identification capabilities into LRE Water’s platform to expand service offerings, technical expertise, geographic reach, and talent.

Oracle Elevator Acquires Landmark Elevator

February 11, 2020

Building Products

Oracle Elevator has acquired Landmark Elevator, a Hagerstown, Maryland-based provider of elevator service, modernization and new installation across the Mid-Atlantic. The deal will support Oracle's northeast expansion and strengthen its position as an independent alternative to multinational elevator companies.

Avista Capital Partners Acquires Spear Education

December 19, 2022

Healthcare Services

Avista Capital Partners has acquired Spear Education, a Scottsdale-based provider of digital and in-person clinical training, practice analytics, and consulting solutions for the dental market, from Linden Capital Partners. Transaction terms were not disclosed; Avista said it will leverage its healthcare technology and dental sector experience to accelerate Spear's growth and expand its digital and membership offerings.