Graycliff Partners Announces Sale of Pebble Tec

Graycliff Partners LP today announced the sale of Pebble Technology International (“Pebble Tec”) to Oldcastle APG, a subsidiary of CRH plc. Pebble Tec is an industry leader in branded outdoor living products with a focus on aggregate swimming pool finishes. Based in Scottsdale, AZ, the company was the first in the United States to pioneer the use of aggregate as a pool finish, and has since built the leading brand in the category.

After acquiring Pebble Tec in 2018, Graycliff Partners worked alongside management to successfully build out the executive team, diversify and expand the supply network, grow the company’s customer base of applicators, and expand presence in ancillary product categories both organically and through acquisition.

Oldcastle APG is a leading provider of outdoor living and building materials. The acquisition of Pebble Tec will add the brand to a portfolio which also includes positions in hardscapes, concrete masonry, bagged dry mixes, lawn and garden, and composite decking.

About Graycliff Partners LP

Graycliff Partners is an investment firm focused on making lower middle market investments, typically in manufacturing, business services and value-added distribution businesses. Through dedicated equity and credit funds, Graycliff provides capital for acquisitions, management buyouts, recapitalizations, growth and expansion. For more information about Graycliff Partners visit www.graycliffpartners.com.