Lowenstein Sandler represents Wynnchurch Capital, L.P. (“Wynnchurch”), a leading middle market private equity firm, in connection with its investment in Premier Franchise Management (“Premier”), the nation’s leading residential pool-build and pool-service franchisor.
In the last year alone, Premier generated more than $500 million in system wide sales and added 30 build franchise locations as well as 17 service franchise locations, bringing its current number of franchise locations to 140 across 38 states. Premier utilizes world-class training, a robust lead generation system, and decades of experience to empower its franchisees to be the best in the pool industry. System wide sales have experienced year-over-year growth of approximately 35% over the past five years and Premier franchisees have built more than 80,000 pools since Premier was founded.
Wynnchurch’s strategy is to partner with middle market companies in the United States and Canada that possess the potential for substantial growth and profit improvement. Wynnchurch manages a number of private equity funds with $4.2 billion of committed capital under management and specializes in management buyouts, growth capital, recapitalizations, corporate carve-outs, and restructurings.
The Lowenstein deal team included Michael A. Brosse, Mitchell McDonald, Jacquelyn N. Ha, Elvis Pinos, Michael Walutes, Lowell Citron, Megan Monson, Nicholas G. Mehler, Diane Moss, Daniel A. Suckerman, Kimberly E. Lomot, and Stacey C. Tyler.
About Lowenstein Sandler LLP
Lowenstein Sandler LLP is a national law firm with over 350 lawyers based in New York, Palo Alto, New Jersey, Utah, and Washington, D.C. The firm represents leaders in virtually every sector of the global economy, with particular emphasis on investment funds, life sciences, and technology. Recognized for its entrepreneurial spirit and high standard of client service, the firm is committed to the interests of its clients, colleagues, and communities.