POOLWERX has finalised its next round of acquisitions in the United States, purchasing three businesses in California, Arizona and Florida.
SC Pool & Spa Works, Crystal Tech Pools and Citrus Pool Services will grow the Poolwerx USA portfolio to 2 retail stores, a warehouse operation and 40 more mobile service and maintenance units.
Founder and CEO John O'Brien (pictured) says this is the ideal next step for the business in its USA aggregation strategy, which only began 6 months ago.
The business has been franchising in Australia for two decades.
"This is the perfect addition to our USA footprint as it enhances our presence of our existing 15 stores and 9 mobile units in Arizona, and offers us two other great foundations in the American Sunbelt region with California and Florida," says O'Brien.
"This sets us well on the path for our franchise development targets.
"I certainly feel a bit like a kid in a candy store. The American industry has embraced our vision of organising the category through our franchise business model, and we have some incredible supporters."
POOLWERX MAKES EVEN BIGGER SPLASHES IN THE STATES
6 August 2015
Latest News
Federal Court finds ads of crypto asset Qoin misled customers
The nation’s consumer watchdog has secured a win in its crack...
The Star passes critical hurdle for Queen's Wharf as HK partner cleared by Attorney General
The Star Entertainment Group (ASX: SGR) has passed a major hurdle t...
Melbourne creative assets firm Envato acquired by Shutterstock for $372m
Melbourne-based creative assets firm Envato, founded by Australian ...
Gurner gets green light for $250m Port Douglas resort with underwater aquarium rooms
Prolific Melbourne-based developer Gurner has received a planning p...
Bonza fleet grounded until at least 8 May, most employees stood down
Administrators for Bonza have confirmed the budget airline's fl...
Partner Content
In today's fast-paced investment landscape, time is a valuable commodity. Fortunately, w...
EtoroAdvertisement