Wind Point Partners, a private equity firm based in Chicago, has recently acquired Hasa, a leading water treatment specialist. The acquisition comes after Hasa has experienced impressive growth in recent years, making it an attractive investment opportunity for Wind Point Partners.
Hasa was founded in 1964 and has since become a leading provider of water treatment solutions for the residential and commercial markets. The company offers a wide range of products, including liquid chlorine, sodium hypochlorite, and other water treatment chemicals. Hasa’s products are used to treat swimming pools, spas, and other water systems to ensure they are safe and clean for use.
Over the years, Hasa has built a strong reputation for quality and reliability in the water treatment industry. The company has invested heavily in research and development to create innovative products that meet the evolving needs of its customers. This commitment to innovation has helped Hasa to grow its customer base and expand its product offerings.
In recent years, Hasa has experienced impressive growth, with revenue increasing by more than 50% over the past five years. This growth can be attributed to several factors, including increased demand for water treatment solutions, expansion into new markets, and strategic acquisitions.
The acquisition by Wind Point Partners is expected to help Hasa continue its growth trajectory. Wind Point Partners has a strong track record of investing in successful companies and helping them to achieve even greater success. The private equity firm will provide Hasa with the resources and expertise needed to accelerate its growth and expand its market reach.
“We are excited to partner with Wind Point Partners as we continue to grow our business,” said John Romano, CEO of Hasa. “Their experience and resources will be invaluable as we work to expand our product offerings and reach new customers.”
The acquisition of Hasa is just the latest example of Wind Point Partners’ commitment to investing in successful companies with strong growth potential. The private equity firm has a long history of partnering with companies in a variety of industries, including healthcare, consumer products, and industrial manufacturing.
Overall, the acquisition of Hasa by Wind Point Partners is a positive development for both companies. Hasa will benefit from the resources and expertise of Wind Point Partners, while Wind Point Partners will gain a valuable asset in the growing water treatment industry. With the right investment and strategic planning, Hasa has the potential to become an even bigger player in the water treatment market in the years to come.
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