Case Study

Aqua-Flo, LLC

Overview

Aqua-Flo, LLC is a leading manufacturer and supplier of pumps to the leisure water industry. Aqua-Flo primarily sells its high performance pumps and pump parts to large original equipment manufacturers and pool builders. Its products are used in the commercial and residential portable spa, hot tub, jetted bath, swimming pool and water garden industries. Aqua-Flo’s products generally range in size from ½ hp to 5 hp.

Highlights

  • Products known for reliability and efficiency.
  • Strong customer relationships

Details

Industry – Specialty Manufacturing

The Situation

Century Park was introduced to Aqua-Flo’s owner/Chief Executive Officer in 2003. The owner, whose father had founded Aqua-Flo, was seeking capital to support the company’s continued growth and to diversify his net worth.

How We Helped

Century Park structured a control recapitalization of the Company, allowing the owner to achieve his personal liquidity goals while remaining active as the company’s CEO. During our partnership with the company, Century Park helped Aqua-Flo implement a major plant expansion, expand its operations through vertical integration and enhance the company’s board of directors with the addition of a highly regarded executive.

The Result

During Century Park’s four year investment in Aqua-Flo, management significantly expanded the company’s capabilities. In 2007, Century Park exited its investment in Aqua-Flo through a sale to a strategic buyer.