Poolwerx partners with Norwest to Drive Growth
09.8.2022InterFinancial would like to congratulate the shareholders of Poolwerx on its successful partnership with Norwest to embark on an ambitious growth path.
With over 25 years experience, Poolwerx is the largest pool retail and service business in Australia and New Zealand. With over 350 franchise partners, 170 stores and more than 600 service vans globally, Poolwerx clients have some of the best people and latest technology available anywhere they live or work to take care of their backyard or commercial pool.
Norwest is a leading venture and growth equity investment firm managing more than $12.5 billion in capital. Norwest has partnered with some of the world’s largest brands, including Uber, Spotify and Calm, and a range of franchise businesses, will bring to the table additional expertise and opportunities that enable Poolwerx to grow bigger and faster in Australia, New Zealand and the U.S.
“Through this new partnership, we will have access to Norwest’s wealth of experience across both franchise and non-franchise businesses, allowing us to reach our ambitious growth goals faster.” says Poolwerx founder and CEO John O’Brien.
InterFinancial Corporate Finance acted as lead advisor to Poolwerx and its shareholders on this transaction.
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