BERKELEY HEIGHTS, N.J.–(Enterprise WIRE)–Hayward Holdings, Inc. (NYSE: HAYW) (“Hayward”), international designer, maker and marketer of a wide portfolio of pool tools and technologies, today declared the acquisition of H2o Operates Technologies Group, LLC (“Water Works”), a maker of drinking water capabilities which includes water bowls and sheer waterfalls with LED lighting possibilities.
This acquisition follows the new acquisitions of two internet of points (IoT) technological innovation organizations, SmartPower and SmartValve. Jointly, these acquisitions more extend Hayward’s major posture in clever, IoT-enabled systems built to carry increased handle and ambiance to the pool while simplifying relieve of use and cost of ownership.
Water Will work manufactures a selection of drinking water bowls in each resin and glass in an assortment of shades and finishes as nicely as Sheer Waterfalls. These large-end h2o attributes all have shade illumination through LED lighting options which allow for Clever app coordination with other pool, spa or landscape lighting shades and reveals.
SmartPower is a breakthrough LED Lighting controller leveraging a proprietary conversation protocol which tends to make putting in and management of many lights zones in the pool, spa, water features or landscape simple to configure and use. Tailor made lighting effects and shows are effortless to system, coordinating multiple h2o options with the pool, spa, and even landscape lights to simply transform the total yard. The technological know-how also presents a compelling economic profit. This distinctive product or service architecture provides all the regulate with a lot less than 50% of the price of making use of at this time readily available technological innovation. SmartPower is the option for standalone cloud-primarily based handle for any new or current pool or as aspect of the OmniLogic® ecosystem, Hayward’s major pool and spa automation platform.
SmartValve is an energetic fluid management method for intelligent control of multiple, superior h2o options in addition to providing greater hydraulic strength effectiveness for pool/spa style. SmartValve will run autonomously as the central water distribution program with cloud-dependent control of other pool machines by means of area management or app. As with SmartPower, the SmartValve know-how will seamlessly combine with the OmniLogic ecosystem. SmartValve will substantially simplify gear pad installation with a uncomplicated manifold design and style appreciably decreasing the quantity of labor and gear expense for the installer and the pool operator.
“These a few firms enhance each other and additional increase Hayward’s main Smart technology options to boost the ambiance of the pool, spa and backyard. They are best examples of harnessing new engineering to provide sustainable, power-successful solutions to our place,” said Kevin Holleran, CEO of Hayward. “SmartPower and SmartValve are the two straightforward to use and less costly to put in, a genuine gain-earn for equally the house owner and trade professional. With OmniLogic and the coupling of our new line of modern drinking water options from Water Works, Hayward is primary the way with solutions transforming the pool and yard surroundings. We are seriously psyched to introduce these sport-switching new product or service platforms to our shoppers and trade associates.”
About Hayward Holdings, Inc.
Hayward Holdings, Inc. (NYSE:HAYW) is a foremost global designer and company of pool machines and know-how all critical to the SmartPad™ conversion tactic made to supply a outstanding outside living encounter. Hayward delivers a entire line of progressive, vitality-effective and sustainable residential and professional pool equipment, like a total line of advanced pumps, filters, heaters, automatic pool cleaners, LED lights, world-wide-web of issues (IoT) enabled controls, alternate sanitizers and drinking water characteristics.
This launch includes forward-searching statements and facts relating to the Corporation that are primarily based on the beliefs of management as nicely as assumptions designed by, and information now accessible to management. When employed in this release, words and phrases this kind of as “may,” “will,” “should,” “could,” “intend,” “potential,” “continue,” “anticipate,” “believe,” “estimate,” “expect,” “plan,” “target,” “predict,” “project,” “seek” and related expressions as they relate to us are supposed to determine ahead-looking statements. These statements mirror management’s present sights with regard to upcoming situations, are not guarantees of potential functionality and include risks and uncertainties that are difficult to predict. Further, specified ahead-wanting statements are based upon assumptions as to future gatherings that might not prove to be precise. Actual benefits or functions could differ materially from the options, intentions and expectations disclosed in ahead-on the lookout statements. Hayward has primarily based these ahead-seeking statements mainly on management’s existing anticipations and projections about long term occasions and monetary tendencies that administration thinks may perhaps have an impact on Hayward’s enterprise, money issue and success of functions. Essential things that could impact Hayward’s future results and could bring about people final results or other outcomes to differ materially from those indicated in the forward-wanting statements contain the next: our ability to execute on our development strategies and growth chances our capacity to sustain favorable relationships with suppliers and regulate disruptions to our world source chain and the availability of uncooked resources our associations with and the overall performance of distributors, builders, purchasing teams, stores and servicers who promote our merchandise to pool proprietors levels of competition from national and world-wide organizations, as properly as reduce price tag manufacturers impacts on our business enterprise from the sensitivity of our organization to seasonality and unfavorable financial and enterprise situations our capability to detect rising technological and other tendencies in our focus on finish marketplaces our capacity to acquire, manufacture and efficiently and profitably industry and offer our new planned and long run solutions failure of marketplaces to acknowledge new product introductions and enhancements the skill to successfully recognize, finance, full and combine acquisitions our ability to catch the attention of and retain senior management and other experienced staff regulatory adjustments and developments influencing our existing and future items volatility in currency trade charges our ability to company our current indebtedness and receive additional funds to finance functions and our growth alternatives impacts on our enterprise from political, regulatory, financial, trade, and other pitfalls associated with working overseas organizations our capacity to build and keep intellectual home defense for our solutions, as effectively as our ability to function our organization without the need of infringing, misappropriating or normally violating the intellectual home rights of many others the affect of materials value and other inflation the effect of variations in guidelines, laws and administrative coverage, like all those that limit US tax benefits or impression trade agreements and tariffs the consequence of litigation and governmental proceedings impacts on our small business from the COVID-19 pandemic and other dangers and uncertainties set forth beneath “Risk Factors” in the prospectus for Hayward’s first public supplying and in Hayward’s subsequent SEC filings.
The forward-hunting statements in this presentation characterize management’s views as of the date of this release. Except if expected by United States federal securities laws, Hayward neither intends nor assumes any obligation to update these ahead-on the lookout statements for any motive right after the day of this presentation to conform these statements to real success or to alterations in our anticipations.