Balance Point invests in AquaVerse, a Trivest-backed pool services platform

Balance Point Capital Advisors, through its affiliated funds Balance Point Capital Partners VI and VII, announced its investment in AquaVerse, a portfolio company of Trivest Partners. Balance Point provided debt and equity capital to support multiple acquisitions.

AquaVerse is a platform built to support and unify a family of pool service brands. It has eight consumer-facing brands across Florida, Georgia and Tennessee and is led by CEO Josh Sevick.

Grant Groher of Balance Point said the firm looks forward to supporting expansion through organic initiatives and strategic M&A. Reid Callaway of Trivest said the capital solution gives AquaVerse flexibility for growth and future acquisitions.