Fulcrum Capital Partners Invests in VODA Backyard Leisure
TORONTO, Sept. 20, 2022 (Globe NEWSWIRE) — Fulcrum Money Companions (“Fulcrum”), a main Canadian personal equity agency concentrated on the reduce middle industry, is delighted to announce its financial commitment in VODA Backyard Leisure Team (“VODA”).
VODA is the most significant backyard leisure products and solutions small business in Canada. The team is comprised of 3 organizations: Aquiform Distributors (a distributor to the pool, spa, and patio home furnishings business), Club Piscine (a franchisor and distributor servicing the retail demands of an intensive community of franchises offering pools, garden home furniture, barbecues, spas and physical fitness gear) and Pool Supplies Canada (an on the internet retail platform for pool and spa materials). With an unmatched nationwide footprint, Canada-vast distribution and on the web retail abilities, VODA provides distributors, shops and dealers with pool, spa and patio items.
“Partnering with Fulcrum has enabled VODA to provide alongside one another the leading Canadian businesses in the yard leisure market place,” mentioned Terry Martyniuk, CEO of VODA. “We are psyched to expand the platform throughout all small business units whilst improving our item and services offerings to our clients.”
Paul Eldridge, Companion at Fulcrum, reported, “The companies that comprise VODA, and the management groups guiding every single, have a huge track file and lengthy heritage of achievement. We are delighted to have partnered with management and assist the future chapter of development.”
Fulcrum’s investment in VODA marks the 3rd platform in Fulcrum’s Non-public Equity Fund VI and was designed alongside various co-buyers from Fund VI’s base of minimal associates.
Fulcrum is a private fairness company centered on uncovering control investment decision options, supplying initial institutional cash and adding strategic value to portfolio corporations in the appealing Canadian decreased center market. From its workplaces in Toronto, ON and Vancouver, BC, Fulcrum’s staff of 12 expense experts has raised extra than C$900 million more than its 20+ calendar year legacy, invested in 53 system investments and understood 39 exits. Go to the Fulcrum web-site to discover extra.
The VODA Yard Leisure Group is comprised of a few Canadian enterprises with an unmatched countrywide footprint. Together we offer Canada-extensive wholesale distribution, retail experience and the premier on line retail platform for pool and spa provides.
Aquiform Distributors is the premier Canadian wholesale distributor in the pool, spa and patio home furniture industry. Aquiform takes satisfaction in its capability in advertising and marketing and expanding new and fascinating backyard leisure merchandise. Aquiform provides well timed and productive deliveries to an considerable consumer foundation with the help of its seasoned gross sales drive who have deep roots in the market.
Club Piscine opened its doors in Quebec in 1991. With around 30 many years of knowledge, Club Piscine is the biggest retailer in Quebec of swimming swimming pools, backyard household furniture, barbecues, spas and health products servicing the retail wants of an extensive network of franchises. In 2004, Club Piscine rebranded by itself to Club Piscine Super Health and fitness and also grew to become the major retailer of health products in Quebec.
Pool Materials Canada is the most significant on the web retail platform for pool and spa supplies across Canada. With extensive marketplace connections, Pool Supplies Canada delivers buyers aggressive pricing solutions such as industry-foremost supplies and products and solutions.