Founded in 1956, Latham International Holdings, Inc. (“Latham”) is the leading manufacturer of in ground residential swimming pools and components in North America. Latham offers a broad product line, including in-ground and above ground vinyl liners, polymer and steel pool wall systems, fiberglass pools, steps, ladders, pool safety covers, automatic pool covers and a variety of other pool related accessories. Homeowners from coast to coast enjoy the full benefits of pool ownership thanks to innovative Latham products. Latham currently operates 21 locations throughout the U.S. and Canada. For more information, please visit: www.lathampool.com.
Wynnchurch acquired Latham in August 2015. Wynnchurch was re-approached after the former process to sell the business failed. Wynnchurch is partnering with management to take advantage of the attractive growth opportunities in the markets Latham serves.
Latham represented an opportunity to acquire a market leader with a reputation for quality and innovation. The Company provides a superior value proposition to its dealer and distributor partners, and is well positioned to benefit from the recovery of the North American housing market and the renewed ability of American home owners to invest in their homes and lifestyles.
Wynnchurch and the Latham management team will build upon the Company’s leading market position and track record of growth by pursuing organic growth initiatives to capture share and grow the addressable market, and by continuing to pursue add-on investments across the product portfolio.