StoneTree Investment Partners Acquires Aboveground Pool Maker Wilbar Group
Dallas-based private equity firm StoneTree Investment Partners has finalized a strategic investment in Wilbar Group, a prominent North American manufacturer of hard-sided swimming pools. Founded in 1961, the Hauppauge-based company maintains production facilities across New York and Quebec, serving a broad network of dealers and distributors.
The acquisition brings Wilbar Group—comprising Wilbar International, Trendium Pool Products, and Crystal Water Investments—into the StoneTree portfolio. Wilbar has built a market reputation over six decades by producing steel, resin, hybrid, and aluminum pool systems. According to CEO Kelly Grindle, the partnership aims to leverage StoneTree’s industrial expertise to scale operations while preserving the product durability that has defined the brand.
StoneTree Partners Joel Stanwood and Chris Dupré highlighted the company's defensible market position in Canada and the United States as a primary driver for the deal. While the financial terms remain undisclosed, the transaction includes advisory support from Capstone Partners, with McGuireWoods and Stikeman Elliott acting as legal counsel. StoneTree currently manages approximately $200 million in assets, focusing on niche manufacturing entities where they can implement their specific business transformation agenda.
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