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Spread: 10.00 (3.846%)
Market Cap: £44.62m
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American Pool Enterprises Agreement

22 May 2017 07:00

RNS Number : 7028F
Water Intelligence PLC
22 May 2017
 

 

 

Water Intelligence plc ("Water Intelligence" or the "Company")

American Pool Enterprises Agreement

 

Water Intelligence plc announces the signing and launch of the Company's first formal national partnership for pool leak detection and repair between its core brand - American Leak Detection - and American Pool Enterprises.

 

American Pool is the largest commercial swimming pool management, maintenance, construction and recreational facility management operation in the United States. American Pool operates in 16 U.S. states and Washington DC with an international location in Toronto, Ontario Canada. American Leak Detection is the leading minimally invasive water leak detection and repair company in the United States with corporate and franchise operations in 42 states and Washington D.C. with international operations in Toronto and Alberta, Canada as well as in Australia and the UK. Pool leak detection and repair has been part of the core service offering of American Leak Detection since its founding. Both companies were founded in 1984.

 

Because of American Pool's business scope, American Leak Detection will use the same execution protocols that it has with national insurance company customers in order to provide American Pool with priority service. American Pool Enterprises serves over 3,000 commercial swimming facilities and over 9,400 residential pools. The commercially-focused business serves apartments, homeowner associations, country clubs, swim clubs, hospitality businesses, condominiums, fitness clubs and active adult communities.

 

Patrick DeSouza, Executive Chairman of Water Intelligence plc commented, "Our business to business approach will leverage our existing US and Canadian footprint both to provide a full range of solutions to the problem of water loss and to reduce administrative costs for American Pool. We are excited about the opportunity to work with the leading company in pool management. We share the same customer-centric values."

 

Daniel Lawler, Chief Operating Officer for American Pool Enterprises states, "We have always conducted business with the philosophy that our clients deserve the absolute best in safety and service. I am excited that we have established a relationship that does just that. We are now able to present supplementary solutions to our customers, satisfying the high demand during our peak season.

 

Enquiries:

Water Intelligence plc

Patrick DeSouza, Executive Chairman

T: +1 203 654 5426

 

finnCap Ltd

Adrian Hargrave / Giles Rolls, corporate finance

Stephen Norcross, corporate broking

 

T: +44 (0) 207 220 0500

 American Pool Enterprises, Inc.

Dan Lawler, Chief Operating Officer

 T: 443-471-1190

dlawler@americanpool.com

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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