Landscape distributor Heritage Landscape Supply Group Inc., a McKinney, Texas-based subsidiary of SRS Distribution, announced that its new platform business, Heritage Pool Supply Group Inc., has acquired Aqua-Gon Inc., a wholesale distributor of pool and spa products in the Midwest. Financial terms of the deal weren’t disclosed.
SRS said it believes “the opportunity in pool and spa to be vibrant and intends to invest in a similar strategy that has been utilized to grow two national networks in the roofing and landscape supply industries by building a family of independent companies working in unison from coast to coast. The strategy will include acquisitions, opening new greenfield locations, and delivering best-in-class customer service and employee engagement.”
SRS add that it “will preserve the legacy of every acquired company by maintaining local brand identity and leadership, and running the entire group as a family of independents rather than a national platform.”
“We are very excited to be entering the pool and spa supply vertical as a natural extension of our growing landscape and outdoor living supply business,” said Dan Tinker, president and CEO of SRS. “We intend to use our growth strategy and playbook to build a growing national footprint over the coming years by partnering with legacy family companies like Aqua-Gon. We also plan to partner with the industry’s best suppliers, deliver a differentiated customer experience, and work tirelessly to become the employer of choice in this great industry.”
Headquartered in Naperville, Illinois, and founded in 1964, Aqua-Gon is run by Phil Horvath, his son-in-law, Mike Brock, and a team of industry veterans. Aqua-Gon serves pool and spa professionals through its network of four branches across Illinois, Missouri, Wisconsin, and Minnesota. Horvath and Brock will continue to lead the company.
Said Matt McDermott, president of Heritage: “Aqua-Gon is a preeminent distributor of pool and spa supplies and we are honored to have Phil, Mike, and their team form the foundation of this exciting new vertical for Heritage. Aqua-Gon has an outstanding reputation as a trusted partner to customers and suppliers and we look forward to building on the company’s track record of success in the many years to come. I am proud of what our team has accomplished over the last few years in the landscape and outdoor living segment and I believe the best years of growth are ahead of us.”
Added Horvath: “We are thrilled to announce an exciting new chapter and that we have found the right partner for the future of Aqua-Gon in Heritage. For more than 50+ years, Aqua-Gon has been known throughout the industry as having the best and most engaged employees who are dedicated to their customers. The Heritage model is proven and has enjoyed incredible success with its parent company, SRS Distribution, by creating the strongest national network of independent distributors across the country. I am confident in Heritage’s ability to provide Aqua-Gon with the additional resources needed to fuel growth, but more importantly programs that will provide both professional and financial opportunities for all Aqua-Gon associates. While one chapter is closing, our new chapter promises to be even more exciting and I am thrilled to turn the page and uncover the growth opportunities that lie ahead. I firmly believe that this new partnership will be the catalyst to building a very special legacy in our industry.”