Tracked deals
3
3 tracked deals across 2021-2023.
Jupiter, Florida, United States
CES Holdings operates the CES business under the Aquafinity brand, providing service-supported distribution and water quality management for commercial and institutional aquatic facilities, including a standardized Q5 water quality program.
Tracked deals
3
3 tracked deals across 2021-2023.
Recent pace
0
0 tracked deals announced in the last 12 months.
Deal mix
Addon
3 addon
Last 3 years
Supporting Data
Commercial Energy Specialists Holdings LLC (dba Aquafinity), a Turning Basin Capital and Vigeo Investments-backed platform, has acquired Aquatic Environmental Systems, Inc. (AES), a Tempe, Arizona-based provider of full-service water treatment solutions for commercial and institutional swimming pools in Arizona, New Mexico and west Texas. The add-on deal, which closed June 30, 2023, expands Aquafinity’s geographic presence in the Southwest; terms were not disclosed.
Commercial Energy Specialists Holdings LLC (CES Holdings), a platform formed by Turning Basin Capital Partners and Vigeo Investments with CEO Alvaro Mendoza, acquired Knorr Systems, Inc. (KSI), a Santa Ana, California-based provider of service-supported distribution and water quality control equipment for commercial and institutional pools. LNC Partners provided financing (senior subordinated term loan and equity co-investment); KSI's management, led by President Rich Robert, will remain to support geographic expansion and integration into CES's Q5 Water Quality Management program.
Commercial Energy Specialists Holdings LLC (CES Holdings), a platform backed by Turning Basin Capital Partners and Vigeo Investments, acquired Duffield Aquatics, Inc., a full-service provider of water treatment programs for commercial and institutional pools based in Anderson, South Carolina. The add-on expands CES Holdings' geographic footprint and strengthens its market position across the Southeastern United States; terms were not disclosed and the deal closed January 14, 2022.
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