SR Smith has bolstered its commercial construction products business with the acquisition of Stark Bulkheads.
On February 24, SR Smith announced the acquisition of Composite Aquatic Innovations (Stark Bulkheads) based in Arlington, Washington.
SR Smith will operate Stark as a standalone product business within SR Smith’s commercial construction products business.
“Our 2015 Australian acquisition of All Fiberglass Products was our first entry into construction products for commercial swimming pools,” says Rich Laitta, CEO of SR Smith.
“The acquisition of Stark Bulkheads is a perfect fit, adding to our global portfolio. Stark’s category-leading position in bulkheads, global installation footprint and approach to commercial construction fits well with our strategy and is a welcome complement to our SwimWall Systems,” he says.
“SR Smith’s longevity in the market combined with their expertise in pool deck equipment and commitment to commercial construction products makes for a perfect fit for the long term” said Ron Privrasky, president, CEO and owner of Stark Bulkheads.
“I am excited to see how the company evolves as part of the SR Smith portfolio.”
Based in Arlington, Washington, Composite Aquatic Innovations (Stark Bulkheads) has been the leading supplier of custom designed composite bulkheads for more than 50 years. The company has been led by Privrasky since 2001.