Gold Medal Pools & Construction Secures a Strategic Investment from The Cynosure Group
Headquartered in the rapidly growing Dallas-Fort Worth market, Gold Medal Pools & Construction (“GMP” or “Gold Medal”), a leading provider of turnkey construction solutions for hardscapes, outdoor living, and pool and aquatic features, has received a strategic investment from The Cynosure Group.
GMP, an employee and family-owned Company, found Cynosure to be an ideal partner due to its management-centric and partnership-oriented approach, patient capital base, and its capability to craft a flexible investment structure. “We’re exciting to be partnering with a firm that brings such a collaborative and supportive nature to its investments, we could not have asked for a better cultural fit,” said CEO, Josh Sandler. “We believe that we are in the early innings of our growth trajectory as a firm, and in partnership with Cynosure, we believe we will be able to accelerate that path while continuing to put our clients first.”
Cynosure’s core approach to investing aligns well with GMP given GMP’s positioning within a core US industry, which should benefit from long-run secular tailwinds such as increases in experiential spending, retail revitalization and domestic migration trends, and an industry leading management team with meaningful ownership. “We pride ourselves on being supportive partners to leading management teams in industries with long-term secular tailwinds. Josh and his team fit that mold perfectly and we are excited to be partnering with GMP, Josh and its management team. We see tremendous run-way for the organization and look forward to growing the business together,” said Andrew Braithwaite, Principal, at The Cynosure Group.
Post-transaction, GMP will continue to be majority controlled by its CEO, Josh Sandler, and its management team.
About Gold Medal Pools and Construction
As a multi-generation family business with a more than 20-years of operating history, Gold Medal has built a long-standing reputation as the leading provider of turnkey construction solutions for customized hardscape, outdoor living, and aquatic and pool features in the North Texas market.
GMP’s full range of services – from design, site development, construction, excavation, electrical, plumbing and maintenance – provides customers a one-stop-shop for all commercial and residential outdoor project needs. GMP’s products include a range of hardscapes including pools, fountains, signs, monuments, landscaping, playgrounds, lighting, audio systems, BBQ areas, shade features, tennis courts, community centers (including the building structures), etc.
In addition to the various products outlined above, GMP has developed a reputation for being able to provide solutions for water features with challenging architectural hurdles including upscale clubhouses, competition pools, aquatic parks, surf parks and large, complex multi-acre swimming lagoons.
For more information, visit www.goldmedalpools.com.
About The Cynosure Group
Tracing its roots to the Eccles family of Utah, The Cynosure Group is an independent alternatives asset manager and advisor that makes long-term investments on behalf of families, foundations, and other like-minded institutions. Cynosure’s collaborative solutions focus on alternative asset classes and range from direct investment opportunities to comprehensive portfolio construction and allocations.
Direct investments target partnerships with management teams of profitable small to mid-sized companies who will remain meaningful owners of their business. By investing throughout the capital structure, making minority as well as control investments, and by providing long-term and or follow-on capital, Cynosure offers a differentiated solution.
For more information, visit www.cynosuregroup.com.
“Note: The content reflected here is for informational purposes only and does not constitute investment advice, a recommendation, or an offer of solicitation. The reader should not assume that any investment referenced herein was or will be profitable.”