RIVERBEND SANDLER POOLS ANNOUNCES ACQUISITION OF BACKYARD PARADISE LUXURY POOLS

PLANO, Texas, Oct. 6, 2022 /PRNewswire/ -- Riverbend Sandler Pools ("Riverbend"), the leading residential pool construction, service, and maintenance provider in the Dallas – Ft. Worth metroplex, and a portfolio company of Concentric Equity Partners ("CEP"), announced the acquisition of Backyard Paradise Luxury Pools ("Backyard Paradise" or the "Company"), a Montgomery, TX-based provider of swimming pool construction, remodeling, repair, and maintenance services, and outdoor living solutions. Riverbend will be acquiring Backyard Paradise from and partnering directly with current owner Mitchell Buckley, who will remain with the Company in his current leadership role and retain an individual ownership stake. Backyard Paradise represents the Riverbend platform's fourth acquisition since partnering with CEP in 2021 and expands the platform's presence to the Houston market.