Pool Troopers Partners with Ft. Myers-based Cobalt Pool Service

Tampa, FL – May 12, 2022: Cobalt Pool Service (Cobalt), a Ft. Myers-based pool service company has decided to partner with Pool Troopers, one of the nation’s fastest-growing pool service companies. Cobalt has been servicing residential and commercial pools in the Southwest Florida area since 1996.

“Selecting Pool Troopers as a partner for Cobalt was easy.  Their leadership in the pool industry in Southwest Florida market is unmatched.  We are very excited about the quality of service and the industry-leading benefits they will bring to our customers and our employees going forward.  The Pool Troopers Integration Team has been thorough and proactive to ensure a seamless transition for our technicians and customers,” said Cobalt owner Jim Haidet.

Pool Troopers CEO Mark Patton said of the Cobalt partnership, “As we worked with Jim on this partnership it was clear to us the care they have for their customers and team members.  We are eager to continue growing in Southwest Florida and a partnership with the Cobalt team fits well with our strategy for the area.”

Cobalt is the 11th acquisition that Pool Troopers has secured since December 2020. With the support of Shoreline Equity Partners, Pool Troopers is on a mission to partner with pool service companies across the Sunbelt Region. Pool Troopers was founded in 1952 and services nearly 20,000 pools throughout Texas, Florida, and Arizona.

About Pool Troopers

As the premier provider of chemical, cleaning, maintenance, and repair services for residential and commercial pools, Pool Troopers serves nearly 20,000 customers in Florida, Texas, South Carolina, Georgia, and Arizona. Pool Troopers was ranked #1 in 2019, 2020, and 2021 on the Top 50 list by Pool & Spa News & Jandy. Pool Troopers was founded in 1952 and is headquartered in Tampa, Florida. For more information about partnerships and acquisitions, please visit https://pooltroopers.com/sell-your-company/.

About Cobalt Pool Service

Founded in 1996, Cobalt Pool Service provides residential and commercial pool service in Ft. Myers and Cape Coral. Cobalt is family-owned and operated and committed to making pool ownership convenient and enjoyable. For more information, please visit https://cobaltpoolservice.com.

About Shoreline Equity Partners

Shoreline is a lower middle market private equity firm focused on actively partnering with leading management teams. Shoreline follows a total stakeholder model, meaning success should be a “win-win” proposition for shareholders, employees, customers, vendors, and the communities within which the Firm’s companies operate. Shoreline professionals believe in honesty, incentive alignment, and creating bigger, better businesses without relying on financial engineering or cost cutting to generate returns. Investing out of the Firm’s inaugural $300 million fund, Shoreline seeks to lead equity investments of up to $100 million per transaction in support of buyouts, recapitalizations, and corporate divestitures. Targeted businesses have enterprise values ranging from $25 million to $250 million and EBITDA of $3 million to $25 million. The Firm strives to partner with management teams of businesses primarily within the specialized manufacturing, value-added distribution, and business and facility services sectors, among others. For more information, please visit www.shorelineequitypartners.com.

For additional information, please contact:                               
Wendy Parker Barsell, APR, CEM
Business Development Manager
813-889-9091 or 813-450-6022 (c)
wparker@pooltroopers.com

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