Quad-C Management divests Balboa Water Group

Headquartered in Tustin, California, BWG offers pumps, blowers, electronic control systems, jets, white goods and accessories to the global leisure water industry. BWG has facilities in California, Denmark, Belgium, China and Australia and serves a global customer base.

BWG was created in 2007 when Quad-C partnered with CEO Eric Kownacki and VP of sales Jeff Christine to pursue a consolidation strategy in the leisure water sector. Kownacki and Christine had previously been executives with Polaris Pool Systems, a former Quad-C portfolio company.

Under Quad-C’s ownership, BWG completed five acquisitions and expanded outside North America.

“When we invested in BWG, we saw an opportunity to consolidate the spa and bath components industry under the banner of an industry-leading brand powered by an exceptional management team,” said Thad Jones, partner at Quad-C. “Despite the historic downturn in the market, we remained committed to the strategic vision and were able to take advantage of the distress in the market to pursue several follow-on acquisitions at attractive prices while also investing in new product development and expanding globally.”