Monomoy Capital Partners' Pool & Spa Platform Acquires Nordic Hot Tubs
November 14, 2022
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.
- Buyers
- Monomoy Capital Partners
- Targets
- Nordic Hot Tubs
- Sellers
- Nordic shareholders (Maurizio Vozza and Barbara Sisung)
- Platforms
- Artesian Spas, Marquis Hot Tubs
- Industry
- Manufacturing
- Location
- Michigan, United States
- Transaction Type
- Addon
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