Azureon (backed by O2 Investment Partners) Acquires Pelican Pools

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 (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.

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.

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

May 20, 2025

Construction

O2 Investment Partners, through its pool-care platform Azureon, has made an investment in and partnered with Henry Bona Pools & Spas, a full-service pool maintenance and construction company based in Kenvil, New Jersey. Terms were not disclosed; Bona Pools will retain significant ownership and will join Azureon's expanding Northeast platform as its tenth add-on.

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.

Easton Select Group Acquires Island Pools

April 15, 2025

Construction

Easton Select Group, a Massachusetts-based pool services and backyard leisure platform, has acquired Island Pools, a Martha's Vineyard provider of pool design, construction, renovation and service. The deal brings Island Pools' construction, renovation and service operations into Easton Select's portfolio to strengthen its Cape Cod and Islands presence while retaining local leadership and the Island Pools brand.