Dansons Capital Group, Accrual Equity Partners and Hydro Construction have acquired Shasta Pools, an Arizona pool builder founded in 1966, with plans to expand the company’s pool operations and launch a broader home services platform.
The acquisition was finalized Aug. 6. Shasta Pools, founded by brothers Bob and Skip Ast, has built or renovated more than 150,000 pools across Maricopa County during its 60-year history.
The new ownership group plans to invest in Shasta’s residential and commercial pool construction and renovation divisions, luxury pool designs, hardscaping, warranties, e-commerce and recurring pool maintenance operations.
“Shasta Pools has national industry brand recognition and has been an Arizona legacy for the last 60 years and we’re excited to reinvest in the company and catapult its growth into the next 60 years,” says Jeff Thiessen, president of Dansons Capital Group. “We’ve already met with more than 200 employees to learn what they love about Shasta Pools and hear their ideas of how we can grow the company and continue providing our customers with amazing customer service.”…