Operating Company Business Services

CES Holdings

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.

Focus Areas
Commercial aquatics water treatment programs, Service-supported distribution of pool and aquatic water quality equipment, Remote water quality monitoring / water quality management programs

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

CES Holdings Acquisition Volume by Year

Last 3 years

Acquisition volume by year Annual acquisition counts for the last 3 years for CES Holdings. 1 2021 1 2022 1 2023

Supporting Data

Recent Transactions

  • Buyer
    Commercial Energy Specialists Holdings LLC (dba Aquafinity), Turning Basin Capital Partners, LLC, Vigeo Investments, LLC
    Target
    Aquatic Environmental Systems, Inc.
    Type
    Addon

    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.

  • Buyer
    Commercial Energy Specialists Holdings LLC, Turning Basin Capital Partners, LLC, Vigeo Investments, LLC, LNC Partners
    Target
    Knorr Systems, Inc.
    Type
    Addon

    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.

  • Buyer
    Commercial Energy Specialists Holdings LLC, Turning Basin Capital Partners, LLC, Vigeo Investments, LLC
    Target
    Duffield Aquatics, Inc.
    Type
    Addon

    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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