Graycliff Partners and Seaside Equity Partners have sold Pebble Technology to Oldcastle APG

Pebble Technology, Inc. (PebbleTec), the number one brand in aggregate finishes for swimming pools, has been acquired by Oldcastle APG, a CRH company.

PebbleTec is the category-defining aggregate pool finish brand and the top choice for customers seeking a unique, personalized pool experience designed to enhance outdoor living spaces. PebbleTec equips homeowners and pro channel partners (e.g. pool builders and applicators) with a coordinated set of products for the pool surface finish (PebbleTec®, PebbleSheen®, PebbleFina®), water’s edge (Lightstreams™ tiles) and beyond the pool décor (Fire+Water Elements).

Oldcastle APG, a subsidiary of CRH plc (ISE: CRG), is a leading provider of outdoor living and building materials, with industry-leading positions in hardscapes, concrete masonry, bagged dry mixes, lawn and garden, and composite decking. Oldcastle APG’s acquisition of PebbleTec significantly enhances its proposition in the thriving pool category, complementing existing products which include Belgard® pavers and pool coping, Techniseal® polymeric sand and sealers, and MoistureShield™ decking.

Graycliff Partners LP is a private equity firm specializing in mezzanine, management buy-outs, acquisitions, industry consolidations, recapitalizations, lower middle market, middle market, growth and expansion capital. Seaside Equity Partners is a private equity firm specializing in lower middle market.

One of Oaklins’ teams in the USA served as the exclusive financial advisor to PebbleTec in its sale to Oldcastle APG.