Consortium Plans Buyout of Hayward Industries
June 19, 2017
June 19, 2017
Cleary Gottlieb is representing Goldman Sachs & Co. LLC as financial advisor to Hayward Industries, Inc. in connection with the acquisition of Hayward by a consortium led by CCMP Capital Advisors, LP and MSD Partners, L.P. and including the Alberta Investment Management Corporation (AIMCo).
The transaction was announced on June 19, 2017.
Hayward is a leading global manufacturer of residential and commercial pool equipment, with an over 90-year history of supplying high-quality, technologically advanced products that improve the pool experience for consumers.
CCMP specializes in middle-market buyouts and growth equity investments of $100 million to $500 million in North America and Europe.
MSD Partners, an SEC-registered investment adviser, was formed in 2009 by the principals of MSD Capital, L.P. to enable a select group of investors to invest in strategies that were developed by MSD Capital. MSD Capital was established in 1998 to exclusively manage the capital of Michael Dell and his family.
AIMCo is one of Canada’s largest and most diversified institutional investment managers with assets under management in excess of C$100 billion.