# How Private Equity Is Buying Up Swimming Pool Service Companies

Page: https://stenobird.com/podcast/the-buyout-show-with-fexingo-private-equity-roll-ups-and-business-acquisitions-7871630/how-private-equity-is-buying-up-swimming-pool-service-companies
Text version: https://stenobird.com/podcast/the-buyout-show-with-fexingo-private-equity-roll-ups-and-business-acquisitions-7871630/how-private-equity-is-buying-up-swimming-pool-service-companies.md
Podcast: [The Buyout Show with Fexingo: Private Equity, Roll-Ups, and Business Acquisitions](https://stenobird.com/podcast/the-buyout-show-with-fexingo-private-equity-roll-ups-and-business-acquisitions-7871630)
Published: 2026-07-11T04:44:40+00:00
Episode link: https://audio.fexingo.com/business/the-buyout-show/episode-0107.mp3
Audio file: https://audio.fexingo.com/business/the-buyout-show/episode-0107.mp3
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JSON: https://stenobird.com/v1/public/podcasts/the-buyout-show-with-fexingo-private-equity-roll-ups-and-business-acquisitions-7871630/episodes/how-private-equity-is-buying-up-swimming-pool-service-companies
Duration seconds: 517

## Resource

Swimming pools are everywhere in the US — over 10 million residential pools — and private equity has noticed that pool service is a perfect roll-up target: recurring revenue, high margins, fragmented local mom-and-pops. Lucas explains why firms like Leonard Green & Partners are buying pool route operators, how the math works on a $150,000 route purchase, and why the pool industry's 2.5 percent annual growth rate makes it a defensive play. Luna questions whether consolidation can survive the labor shortage for certified pool operators. They walk through the economics: a typical 200-pool route generates about $200,000 in annual revenue with 40 percent EBITDA margins, and PE firms are paying 7 to 9 times EBITDA for these businesses. They also discuss the risk of the 'pool guy' brand equity vanishing when a local operator gets absorbed. If you own a pool company or think about buying one, this episode gives you the deal math. #PrivateEquity #PoolService #SwimmingPools #RollUp #BusinessAcquisition #LeonardGreenPartners #RecurringRevenue #RouteBusiness #FragmentedIndustry #EBITDA #LaborShortage #DefensiveInvestment #BusinessPodcast #Finance #FexingoBusiness #BuyoutShow #MidMarket #ServiceIndustry Keep every episode free: buymeacoffee.com/fexingo

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