Hayward Holdings, Inc.
|Deal Type||Equity Capital Markets|
Initial Public Offering
|Client & Transactional Partners||Hayward Holdings, Inc.||Our Role||Co-Manager|
On March 12, 2021, Hayward Holdings, Inc., priced $684.72 million for their initial public offering. KeyBanc Capital Markets served as co-manager on the transaction.
Hayward is an industry-leading global designer, manufacturer and marketer of a broad portfolio of pool equipment and associated automation systems. With the pool as the centerpiece of the growing outdoor living space, the pool industry has attractive market characteristics, including significant aftermarket requirements, innovation-led growth opportunities and a favorable industry structure. Hayward is a leader in this market with a highly-recognized brand, one of the largest installed bases of pool equipment in the world, decades-long relationships with their key channel partners and trade customers and a history of technological innovation. Hayward's engineered products, which include various energy efficient and more environmentally sustainable offerings, enhance the pool owner’s outdoor living lifestyle while also delivering high quality water, pleasant ambiance and ease of use for the ultimate backyard experience.