Latham Group Acquires Freedom Pools

Core Insights - Latham Group, Inc. has acquired Freedom Pools, a fiberglass pool manufacturer and installer in Australia and New Zealand, completing the transaction on February 26, 2026 [1][2] Financial Impact - The acquisition is expected to add approximately $20 million in net sales and around $4 million in adjusted EBITDA annually, before considering acquisition synergies [2] - The purchase price for Freedom Pools was approximately $17 million, fully funded with cash on hand [2] Strategic Expansion - This acquisition enhances Latham's presence in Australia and New Zealand, particularly in Western Australia, including Perth, which is noted as the fastest-growing city in the country [3] - Freedom Pools has over 50 years of history and is recognized as one of Australia's leading fiberglass pool builders, with operations in multiple cities [4] - The acquisition complements Latham's existing presence with Narellan Pools, acquired in 2019, and supports a direct-to-consumer strategy through Freedom's display centers [5] Company Background - Latham Group, Inc. is the largest designer, manufacturer, and marketer of in-ground residential swimming pools in North America, Australia, and New Zealand, employing approximately 1,850 people across around 30 locations [7]