Connect with us

PREMIUM SPONSORS

Press Releases

Ledge Lounger Announces Recapitalization Lead by Summit Park

Published

on

Ledge Lounger Announces Recapitalization Lead by Summit Park

November 10, 2021 – Houston, Texas

Ledge Lounger Inc., designer and manufacturer of in-pool and outdoor furniture is pleased to announce a recapitalization and partnership with Summit Park and Digital Fuel Capital, lower middle market private investment firms focused in the consumer, e-commerce and home goods sectors.

Founded in 2011 by Christopher Anderson, Ledge Lounger is known as the category creator for in-pool furniture, most famously their Signature Chaise, and has since expanded the product set across the entire pool and outdoor space. While Ledge sells to an omni-channel mix including direct to consumer and trade, over the course of the company’s trajectory, they have placed an emphasis on building connections with the pool industry. Christopher Anderson said “we recognize pool builders are a critical piece to our product’s success, and we aim to grow our brand as a partnership with the pool industry. Our partnership with Summit Park and Digital Fuel will allow us to continue to excel at creating stylish, functional and comfortable products that create meaningful moments for families in their own backyard and at resorts around the world.”

Andrew Gilbert, Principal at Summit Park, said, “We believe that Ledge is uniquely positioned as the omni-channel leader of in-pool furniture, and we greatly value the brand’s relationship with the pool builder community and the gateway that provides for the end-consumer.” Adds Carson Biederman, founder of Digital Fuel, “Ledge has an entrenched relationship in the pool industry, and we are excited to continue and strengthen that bond while investing for growth.”

Following the acquisition, Ledge Lounger will continue operations in Katy, Texas in their newly finished 80,000 square foot headquarters and showroom. Ledge Lounger will continue to innovate stylish products for outdoor living for both their consumer customer-base, as well as their B2B partners across the trade, retail, and hospitality channels.

About Ledge Lounger

Ledge Lounger is an in-pool and outdoor furniture company founded in 2011 by Christopher Anderson. Since the introduction of their first in-pool Chaise, Ledge Lounger has grown to include patio furnishings, umbrellas, cabanas, and outdoor games, all designed to withstand the harsh pool and outdoor environments. For more information, visit www.ledgeloungers.com.

About Summit Park

Summit Park is a Charlotte, North Carolina-based private investment firm focused exclusively on the lower middle market. The firm invests across a range of industries, including services, consumer and industrial growth, in the Eastern half of the United States. The firm’s capital can be used to facilitate a change in ownership, to support expansion and growth, to provide partial liquidity to existing owners, or to support an industry consolidation plan. For more information, visit www.summitparkllc.com.

About Digital Fuel

Digital Fuel is a private equity firm focused on investing in leaders in e-commerce.  Digital Fuel supports its portfolio companies in implementing direct-to-consumer best practices with a team of internal performance marketing, e-commerce and analytics resources.  Digital Fuel has been an active investor in direct-to-consumer home-improvement, with historical investments including Renovation Brands, Guild Brands, RugsUSA and First Impression Ironworks. For more information, visit www.digitalfuelcapital.com.

5/5 - (1 vote)

Marianne Trusty is a Press Correspondent for the pool & spa industry. A published author and social media influencer reaching over 20 million people around the world each day. Contact Marianne about publishing op-editorials, breaking pool news and press releases at [email protected].

Click to comment
Subscribe
Notify of
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

News

AquatiCare™: Proactive Pool Maintenance You Can Count On

Published

on

AquatiCare™ is Landmark Aquatic’s newly enhanced preventative-maintenance program, built to keep your water safe, your systems reliable, and your downtime low. Customized service plans align with each facility’s unique needs, covering equipment inspections, routine maintenance, and precise chemical care. Water is your business; staying on top of it is ours. We get ahead of issues before they surface, so your water is ready for anyone, anytime.

With AquatiCare™ facilities get technicians that are factory trained, Certified Pool Operators (CPOs) that also receive continuous, certified training so technicians stay current on industry standards, safety protocols, and the latest technological advancements. AquatiCare™ also offers in-depth maintenance of chemical, deck and mechanical items to help extends equipment life, optimize water consumption, and create a more sustainable operation. AquatiCare™ packages are fully customizable, with maintenance visits scheduled to align with a facility’s specific needs.

Landmark Aquatic is a premier provider of commercial aquatic facility design, construction, and maintenance, with more than six decades of industry leadership. Serving clients nationwide, Landmark delivers construction-led solutions supported by its CPO-certified AquatiCare maintenance team, ensuring excellence “for the life of your pool.” Committed to the full lifecycle of every facility, Landmark prioritizes long-term partnerships while adapting to client needs through exceptional service, operational excellence, and forward-thinking solutions.

For more about Landmark Aquatic visit www.landmarkaquatic.com

More information contact:

[email protected]

1-888-871-2887

Rate this post

Continue Reading

News

RB Retail & Service Solutions adds DocuSign to Software

Published

on

RB Retail & Service Solutions now offers DocuSign as an integrated feature in their pool and spa industry business software. This electronic signature and agreement platform lets you send, sign, and manage documents securely online, instead of using paper contracts. Integrated directly within the RB system so staff can work with contracts and request signatures without exiting the POS software. Allows users to send contracts (e.g., sales agreements, financing forms, service waivers), track status, send reminders and easily pull signed contracts attached directly to the customer. Provides security and compliance with encrypted documents and detailed audit trail.

RB Retail & Service Solutions provides point of sale and business management solutions for pool & spa and chimney & hearth retailers. The software was specifically designed with those industries in mind, taking into consideration the features that would be of most importance to those business owners. RB is a highly experienced and trusted authority in the industry and its software boosts profitability, competitiveness, work/life balance of owners and employees, efficiency, and the ability to make more informed, data-driven decisions about their business.

RB Retail & Service Solutions software was created over 20 years ago by a pool and spa professional to handle the diversity and complexity of the pool and spa retail, service, and construction business. Our software is continually enhanced, and further developed with suggestions and input from hundreds of pool and spa dealers throughout the United States and Canada. Call to schedule a demo.

To learn more or to schedule an online demo, call or visit their website:

(866) 933-9099

Monroeville, PA

Rate this post

Continue Reading

News

BSquared offers New Free Standing Sunledge

Published

on

BSquared Pools offers a new freestanding sunledge that can be added to any outdoor living space! The new Free Standing Sunledge is a patent-pending product that gives consumers the benefits of a sunledge without the need for having a pool! Manufactured from the same pool-strength polypropylene panels used in its pool kits, this ‘plug-n-play’ solution can be used independent-of or in-combination-with a pool. Interior measures 72” x 82” with 235 gallons of water. Gentle overflow waterfall. Accommodates various pool loungers. Made in USA.

www.BSquaredPools.com

419-708-9631

5/5 - (1 vote)

Continue Reading

Pool News

0
Would love your thoughts, please comment.x
()
x