Firm News March 19, 2021
Troutman Pepper Advises Tenex Capital Management in Sale of Custom Molded Products to Fluidra
NEW YORK – Troutman Pepper client Tenex Capital Management LLC recently sold its portfolio company, Custom Molded Products (CMP), a Georgia-based manufacturer of pool and spa components, to Fluidra S.A., the Spanish listed global leader in pool and wellness equipment and connected solutions. Read a company press release about the acquisition.
CMP is a leading supplier of innovative solutions for the recreational water industry with a strong portfolio of reputable brands such as DEL™, Brilliant Wonders®, SpaMASTER™ and Bobé. Through this acquisition, CMP will complement Fluidra’s existing portfolio and strengthen the company’s position in the pool and wellness industry.
A team of Troutman Pepper attorneys led by Partners James Rosener, Todd Boylan and Lead Associate Matthew Giannascoli served as Tenex’s legal counsel in the transaction. Troutman Pepper has advised the New York-based private equity fund since 2008.
Consistently recognized as a top-tier national practice, Troutman Pepper’s corporate attorneys regularly handle multimillion- and multibillion-dollar transactions. Core areas of service include capital markets transactions and other significant domestic and cross-border transactions, mergers and acquisitions, corporate governance, securities laws compliance, and corporate finance. The firm has particular expertise in the private equity and private fund services space, advising clients on matters from fund formation to investments and exit transactions.
About Troutman Pepper
Troutman Pepper is a national law firm known for its higher commitment to client care. With more than 1,200 attorneys in 23 U.S. cities, the firm partners with clients across every industry sector to help them achieve their business goals. Read more about the firm’s litigation, transactional, and regulatory practices at troutman.com.
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