Blackford Capital Invests in Aqua‑Leisure Industries
January 13, 2021
Grand Rapids-based private equity firm Blackford Capital announced a majority investment in Aqua‑Leisure Industries, a Boston-area designer, manufacturer and distributor of water-sport and pool leisure consumer products. Blackford said it will support organic growth, expand distribution and pursue add-on acquisitions while the Aqua‑Leisure management team remains in place; financing partners included Mercantile Bank and Muzinich & Co., with Rush Street advising on debt financing.
- Buyers
- Blackford Capital
- Targets
- Aqua-Leisure Industries
- Industry
- Consumer Products
- Location
- Massachusetts, United States
- Transaction Type
- Buyout
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